HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU ON THE 14TH DAY OF DECEMBER, 2019 CONCILIATORS PRESENT:
THE HON’BLE MR.JUSTICE RAVI MALIMATH AND SRI.PRABHULING K. NAVADGI, MEMBER MISCELLANEOUS FIRST APPEAL NO. 6835/2016 (MV) (LOK ADALAT NO. 2099/2019) BETWEEN:
1 . SRI K V ARASAIAH SON OF LATE VENKATAIAH AGED ABOUT 30 YEARS NO.7, 19TH D MAIN, AVALAHALLI MYSORE ROAD BANGALORE-560026 (BY SRI. R LAKSHMANA, ADVOCATE) AND:
1 . CHETHAN KUMAR (MAJOR) RESIDING AT NO.12, 11TH CROSS, 4TH MAIN ROAD SAMPANGIRAMANAGAR BANGALORE-560027 ...APPELLANT 2 . THE BAJAJ ALLIANCE GENERAL INSURANCE CO LTD REPRESENTED BY ITS MANAGER NO.4, ‘GOLDEN HEIGHT COMPLEX’ 59TH C CROSS, INDUSTRIAL SUBURB RAJAJINAGAR 4TH M BLOCK BANGALORE-560010 …RESPONDENTS (BY SRI.P B RAJU, ADVOCATE FOR R2) THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173 (1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 11.07.2016, PASSED IN MVC NO. 1252/2015, ON THE FILE OF THE XIII ADDITIONAL SMALL CAUSES JUDGE & MEMBER 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 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 No.2 – M/s. Bajaj Allianz 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 No.2 - Insurance Company has agreed to pay a lump-sum of Rs.2,40,000/- (Rupees Two Lakhs Forty 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 No.2 – 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 MH/-