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N Suresh vs K Babu 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 L. NARAYANA SWAMY AND SMT. B.V. VIDYULATHA, MEMBER M.F.A. No. 280/2017 (MV) (Lok Adalat No. 3964/2017) BETWEEN:
N. Suresh S/o Satyanarayana, Aged about 31 years, Residing at No.1206, Ground Floor, 16th Cross, 16th Main, BTM 2nd Stage, Bangalore – 560 076. .. Appellant (By Sri. Gopalkrishna N., Advocate) AND:
1. K. Babu, Father’s name not known, Major in age, Residing at No.13, 3rd Main Road, N.S. Palya, Bangalore-560 076.
2. Bharti AXA General Insurance Co. Ltd., 1st Floor, Ferns Icon, Sy.No.28, Doddankunte, K.R. Puram, Bangalore-560 037, Rep. by its Manager. .. Respondents (By Sri. H.N. Keshava Prashanth, Advocate for R-2, Notice to R-1 – d/w v.c.o. dated 20.09.2017) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED: 13.04.2016 PASSED IN M.V.C. NO.1872/2015 ON THE FILE OF THE I ADDL. SMALL CAUSES JUDGE AND 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 appellant and the representative of Respondent – Bharti AXA General Insurance Company Ltd., along with its counsel 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 lump-sum compensation of Rs. 30,000/- (Rupees Thirty 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 entire enhanced compensation amount shall be released in favour of appellant 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

N Suresh vs K Babu And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • L Narayana Swamy