Judgments
Judgments
  1. Home
  2. /
  3. High Court Of Karnataka
  4. /
  5. 2017
  6. /
  7. January

Ramachandra Bayari

High Court Of Karnataka|26 October, 2017
|

JUDGMENT / ORDER

HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 26TH DAY OF OCTOBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR.JUSTICE L. NARAYANA SWAMY & SMT.SAYEEDUNNISA, MEMBER MISCELLANEOUS FIRST APPEAL NO. 1859/2016 (MV) (LOK ADALATH NO. 3821/2017) BETWEEN:
Ramachandra Bayari, S/o Late Krishna Bayari, Aged about 73 years, R/at Shri Mahalingeshwara Temple, Parkala Post, Herga Village, Udupi Taluk, Udupi District. ... Appellant (By Sri. Hegde V.S., Advocate) AND:
1. Sandeep Naik, S/o Vasu Naik, R/at “Sandeep Nilaya” Moodu Anjaru, Hiriyadka, Udupi Taluk and District 576101.
2. The New India Assurance Co. Ltd., By its Udupi Branch Manager, Branch Office Sri Rama Arcade, Opp: Head Post Office, Udupi 576101. ... Respondents (By Sri. K.N. Srinivasa, Adv. for R2.
Notice to R1 – Served, but unrepresented) This MFA is filed u/s 173(1) of MV act against the judgment and award dated: 22.12.2015 passed in MVC No. 1158/2013 on the file of the Additional Senior Civil Judge, Additional MACT, Udupi, 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 14.09.2017, 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 claimants are present.
2. After prolonged negotiations, 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 JS
Disclaimer: Above Judgment displayed here are taken straight from the court; Vakilsearch has no ownership interest in, reservation over, or other connection to them.
Title

Ramachandra Bayari

Court

High Court Of Karnataka

JudgmentDate
26 October, 2017
Judges
  • L Narayana Swamy