HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 23RD DAY OF FEBRUARY, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE B. VEERAPPA & SRI. ARVIND KAMATH, MEMBER M.F.A.No. 368/2014 (MV) (Lok Adalat No. 2141/2015) BETWEEN Sri. K.K. Lathesh S/o Late Karumbaiah K.S., Aged about 25 years, R/at No.4, 5th Main, Behind Akashvani, Yadavagiri, Mysore – 571 020. ... APPELLANT (By Sri. Sanath Kumara K.M., Advocate) AND 1. Sri. K. Vadivelan S/o Kandaswamy, Aged about 30 years, R/at Shabari Street and Scrap, Maruthinagar, Kogil Main Road, Bangalore – 560 064.
2. Royal Sundaram General Insurance Co. Ltd., No.186/7, Raghavendra Complex, Wilson Garden 1st Cross, Hosur Main Road, Bangalore-560 027.
3. Ramu S/o Mariyappa, Aged about 42 years, R/at No.42, 18th Cross, Jakkur Layout, Bangalore – 560 064. ... RESPONDENTS (By Sri. K. Suryanarayana Rao, Advocate for R-2, Notice to R-1 & R-3 – d/w v.c.o. dated 12.01.2015) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 21.03.2013 PASSED IN MVC NO. 1345/2011 ON THE FILE OF THE PRESIDING OFFICER, FAST TRACK COURT-IV AND ADDITIONAL MACT, MYSORE, 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 – Royal Sundaram General 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. 1,10,000/- (Rupees One Lakh Ten 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 Rbv Sd/- MEMBER