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Mogannagowda vs The Manager Future General India Insurance Co Ltd And Others

High Court Of Karnataka|09 December, 2017
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JUDGMENT / ORDER

HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF DECEMBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR.JUSTICE B.VEERAPPA AND SRI. M.N. UMASHANKAR, CONCILIATOR MISCELLANEOUS FIRST APPEAL NO.6411/2016(MV) (LOK ADALATH NO.2223/2017) BETWEEN:
MOGANNAGOWDA S/O THIMMEGOWDA, AGED ABOUT 44 YEARS R/AT LALANAKERE VILLAGE, GANDASI HOBLI, ARASIKERE TALUK, HASSAN DISTRICT, PRESENTLY R/AT:
C/O SRI. THAMMAYANNA, CONTRACTOR, SAMPIGE ROAD, NEAR J.M.F.C COURT, CHANANRAYAPATNA TOWN AND TALUK, HASSAN DISTRICT-573201. …. APPELLANT (BY SRI GIRISH B BALADARE, ADVOCATE) AND 1. THE MANAGER FUTURE GENERAL INDIA INSURANCE CO. LTD., NO.18/1, OLD NO.125A, 3RD FLOOR, ASHOKA PILLAR ROAD, 1ST BLOCK, JAYANAGAR, BANGALORE-560082.
2. SHIVEGOWDA S/O NARAYANAGOWDA, AGED ABOUT 36 YEARS, R/AT NO.74, 7TH MAIN ROAD, 1ST CROSS, HEGGANAHALLI, BANGALORE-560091.
... RESPONDENTS (BY SRI RAVI S SAMPRATHI, ADVOCATE FOR R1) … THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:13.04.2016 PASSED IN MVC NO.7/2014 ON THE FILE OF THE SENIOR CIVIL JUDGE, MACT, CHANNARAYAPATNA, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS MISCELLANEOUS FIRST APPEAL COMING ON FOR CONCILIATION BEFORE THE LOK ADALAT, THE FOLLOWING ORDER IS PASSED:
CONCILIATION ORDER The learned Counsel for the claimant-appellant and the learned Counsel for the Insurance Company along with its representative are present.
2. After prolonged negotiations, the matter is settled. The appellant-claimant has agreed to receive and the respondent-Insurance Company has agreed to pay a lumpsum of Rs.3,65,000/- (Rupees Three Lakhs Sixty Five Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. A joint memo is filed on behalf of the parties to this effect.
3. The respondent – Insurance Company has agreed to deposit the said amount before the Tribunal within six weeks from the date of preparation of award, failing which the said amount shall carry interest at the rate of 9% P.A. from the date of default, till the date of deposit.
4. Out of the enhanced compensation, Rs.3,00,000/- shall be released in favour of the appellant and the balance amount of Rs.65,000/- shall be kept in the name of the appellant for a period of five years in any of the Nationalised Bank.
5. This Miscellaneous First Appeal stands disposed of in terms of the joint memo. The judgment and award of the Tribunal stands modified accordingly.
Office to draw up the award accordingly.
Sd/- JUDGE Sd/- CONCILIATOR Nsu/-
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Title

Mogannagowda vs The Manager Future General India Insurance Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • B Veerappa And Sri M N Umashankar