HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 14TH DAY OF OCTOBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE RAGHVENDRA S. CHAUHAN & SMT. H.R. RENUKA, MEMBER M.F.A.No. 10949/2012 (MV) (Lok Adalat No. 2431/2015) BETWEEN Raviraj Shetty, Aged about 49 years, R/o Alvaramane, Devalakunmda Village, Kundapura Taluk, Udupi District – 576 101, Rep. by his guardian/wife Smt. Bharathi R. Shetty. ... APPELLANT (By Sri. Maheshkiran Shetty, Advocate) AND 1. K. Rama Shetty S/o Rathnakara Shetty, Aged about 33 years, R/o Jaladi House, Balakeri, Devalkunda Village, Kundapura Taluk, Udupi District-576 101.
2. Prakash Shetty S/o Sheenappa Shetty, Aged 35 years, R/o Kambalagadde Mane, Bagwadi, Noojady Village, Kundapura Taluk, Udupi District-576 101.
3. The National Insurance Co. Ltd., Branch Office, Kundapura, Kundapura Taluk, Udupi District – 576 101. ... RESPONDENTS (By Sri. A.N. Krishna Swamy, Advocate for R-3) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 19.07.2012 PASSED IN MVC NO. 17/2008 ON THE FILE OF THE PRESIDING OFFICER, FAST TRACK COURT AND M.A.C.T., KUNDAPURA, 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 claimant-appellant and the learned Counsel for the respondent – National Insurance Co. Ltd. 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. 1,50,000/- (Rupees One Lakh Fifty 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 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 Rbv