HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT 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 & SMT.B.V.VIDYULATHA, MEMBER MISCELLANEOUS FIRST APPEAL NO.2542/2014 (MV) (LOK ADALATH NO.4017/2017) BETWEEN:
MR.NAGESH Y S/O YELLAPPA, AGED ABOUT 27 YEARS, R/AT PATTE REDDY PALYA, KAGGALIPURA POST, UTTARAHALLI POST, BANGALORE SOUTH TALUK, BANGALORE – 560 082 ... APPELLANT (BY SRI.VEERESH M, ADV.) AND:
1. MR.SURESH BABU K S/O MOGILESHWARAN K, 35 YEARS, R/O NO. 3353, 12TH CROSS, CHANDRA NAGAR, KUMARASWAMY LAYOUT, 2ND STAGE, BANGALORE – 560 078 KARNATAKA 2. THE MANAGER ICICI LOMBARD MOTOR INSURANCE NO.1414, VEERSAVARKAR MARG, NEAR SIDDIVINAYAKA TEMPLE, PRABHADEVI, MUMBAI – 400 025 ... RESPONDENTS (BY SRI. B PRADEEP, ADV. FOR R2) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:16.11.2013 PASSED IN MVC NO.6388/2012 ON THE FILE OF THE XIX ADDITIONAL SCJ & MACT, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT AFTER BEING REFERRED VIDE ORDER DATED 03.10.2017, THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned counsel for the Insurance Company along with its representatives and the learned counsel for the claimant are present.
2. After prolonged negotiation, the matter is settled. The Respondent-Insurance Company has agreed to pay a global sum of Rs.70,000/- (Rupees Seventy Thousand Only) in addition to what has been awarded by the Tribunal, in full and final settlement of the claim.
3. The 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. This miscellaneous first appeal stands disposed of in terms of the Joint memo. The award of the Tribunal stands modified. Draw up the Award accordingly.
Entire enhanced award amount shall be released.
Sd/- JUDGE Sd/- MEMBER akd