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Muniyellappa And Others vs The Managing Partner M/S N T And Others

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

HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALATH IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 09TH DAY OF DECEMBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE RAGHVENDRA S. CHAUHAN AND SMT. H.R. RENUKA, MEMBER M.F.A. No. 164/2016 (MV) (Lok Adalat No. 1372/2017) BETWEEN:
1. Muniyellappa S/o Late Kaverappa, Aged about 52 years.
2. Smt. Nagamma W/o Muniyellappa, Aged about 44 years.
Both are R/at Kithaganahalli, Anekal Taluk, Bangalore Urban District-562 106. .. Appellants (By Sri. A. Sreenivasaiah, Advocate) AND:
1. The Managing Partner M/s. N.T. Zameer Ahmed Khan Associates, No.326/2, T.S.P. Road, Kalasipalyam, Bangalore-560 002.
2. The Manager, H.D.F.C. ERGO General Insurance Company Ltd., Unit No.108 to 111, 1st Floor, H.M. Geneva House, No.14, Cunningham Road, Bangalore – 560 052. .. Respondents (By Sri. O. Mahesh, Advocate for R-2, Notice to R-1 – d/w v.c.o. dated 02.02.2017) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED: 12.08.2015 PASSED IN M.V.C. NO.2502/2014 ON THE FILE OF THE III ADDL. SENIOR CIVIL JUDGE, COURT OF SMALL CAUSES AND MEMBER, MACT, BANGALORE, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALATH, AFTER BEING REFERRED BY THE COURT, THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned counsel for the appellants and the representative of Respondent-HDFC ERGO Insurance Company Ltd., along with its counsel are present.
2. After prolonged negotiations, the matter is settled. The Appellants - claimants have agreed to receive and the Respondent-Insurance Company has agreed to pay a global compensation of Rs. 3,40,000/- (Rupees Three Lakhs Forty 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. The apportionment of the enhanced compensation amount shall be made in terms of the Judgment and Award passed by the Tribunal and the compensation payable to the appellant Nos.1 and 2 shall be disbursed in their favour, on proper identification.
5. The Miscellaneous First Appeal stands disposed of in terms of the Joint Memo. The award of the Tribunal shall stand modified accordingly.
Draw up the award accordingly.
Sd/- JUDGE Sd/- MEMBER *Rbv
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Title

Muniyellappa And Others vs The Managing Partner M/S N T And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • Raghvendra S Chauhan