HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 02ND DAY OF APRIL, 2019 CONCILIATORS PRESENT:
THE HON’BLE MR JUSTICE B. VEERAPPA & SRI. M.N. UMASHANKAR, MEMBER M.F.A.No.10086/2010 (MV) (Lok Adalat No. 431/2019) BETWEEN P. Sreekanth, S/o Puttasubbaiah, Hindu, Aged about 32 years, R/at No.49, II Cross, Balaji Layout, Hebbal, Bengaluru - 94. ... Appellant (By Sri. T.C. Sathishkumar, Advocate) AND 1. R. Manjunath, S/o Late Rangaiah, Hindu, Major, R/at No.3863, 13th Main, II Stage, Kumaraswamy Layout, Bengaluru.
2. The Branch Manager, New India Assurance Co. Ltd., No.10/1, Kukreja House, 1st Floor, P.B. No.5115, Kumarakrupa, Bengaluru - 560 001. ... Respondents (By Sri. A.M. Venkatesh, Advocate for R.2; Notice to R.1 d/w. v/o dt: 17.08.2012) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 05.03.2010 PASSED IN MVC NO.8508/2008 ON THE FILE OF THE XIII ADDL. SMALL CAUSE JUDGE AND MEMBER MACT, BENGALURU ( SCCH 15), PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, AFTER BEING REFERRED BY THE COURT, THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned Counsel for the Appellant - claimant and the learned Counsel for the Respondent - New India Assurance Company Limited 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 lump-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. 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 the appellant - claimant, on proper identification.
5. This Miscellaneous First Appeal stands disposed of in terms of the Joint memo. The Judgment and Award of the Tribunal shall stand modified accordingly. Draw up the Award accordingly.
Sd/- JUDGE Sd/- MEMBER LL