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Smt Shivamma W/O Madaiah vs The Manager M/S Shriram General Insurance Co Ltd And Others

High Court Of Karnataka|09 December, 2017
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JUDGMENT / ORDER

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.7402/2015(MV) (LOK ADALATH NO.4136/2017) BETWEEN:
SMT.SHIVAMMA W/O MADAIAH AGED ABOUT 52 YEARS R/AT NO.14, KARIKALLU, DODDABIDARAKALLU BENGALURU NORTH BENGALURU URBAN – 560 073. ... APPELLANT (BY SRIYUTHS SHRIPAD V SHASTRI & K.V.NAIK, ADVS.) AND:
1. THE MANAGER M/S SHRIRAM GENERAL INSURANCE CO. LTD., S/5, III FLOOR, MONARCH CHAMBERS INFANTRY ROAD, BENGALURU – 560 001 2. SRI. NAGENDRA KUMAR Y.K S/O KEMPEGOWDA D R/AT NO.270, YATHAMBADI (V&P) KASABA HOBLI, MALAVALLI TALUK, MANDYA DISTRICT – 571 401 ... RESPONDENTS (BY SRI.B PRADEEP, ADV. FOR R1, NOTICE TO R.2 IS D/W. V.O. DATED: 23.10.2017) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:03.03.2015 PASSED IN MVC NO.5445/2013 ON THE FILE OF THE 2ND ADDITIONAL SMALL CAUSES JUDGE AND 28TH ACMM, MACT, BENGALURU, 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 23.10.2017, 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.50,000/- (Rupees Fifty 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/mkm
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Title

Smt Shivamma W/O Madaiah vs The Manager M/S Shriram General Insurance Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • L Narayana Swamy