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 BETWEEN Sri. Jayarama Y, S/o Yellappa, Aged about 51 years, R/at No.2885, 14th ‘E’ Main Road, 8th ‘E’ Cross, RPC Layout, Vijayanagar 2nd Stage, M.F.A.No.3006/2017 (MV) (Lok Adalat No.478/2019) Bengaluru - 560 040. ... Appellant (By Sri. K.T. Gurudeva Prasad, Advocate) AND 1. The Oriental Insurance Co. Ltd., T.P. Claims Hub, 4th Floor, Leo Shopping Complex, Residency Cross Road, Bengaluru - 560 025. By its Manager 2. Mr. Divakar B.S, S/o Shanmukha, Major, R/of No.10/11, 3rd Cross, 2nd Stage, Teachers Colony, H.B.R. Layout, Bengaluru - 560 064. …Respondents (By Sri. Ashok N. Nayak, Advocate for R.1) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 27.01.2017 PASSED IN MVC NO.2453/2016 ON THE FILE OF THE XXII ADDL. SMALL CAUSES JUDGE & XX A.C.M.M & MEMBER MACT, BENGALURU (SCCH-24), 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 - Oriental Insurance 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.1,55,000/- (Rupees One Lakh Fifty-five 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