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Sri M R Narasimhamurthy vs Sri Kanubhai Parekh And Others

High Court Of Karnataka|13 July, 2019
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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 13TH DAY OF JULY, 2019 CONCILIATORS PRESENT:
THE HON’BLE SHRI JUSTICE MOHAMMAD NAWAZ & SRI. I.S.PRAMOD CHANDRA, MEMBER M.F.A.No.1114/2019 (MV) (Lok Adalat No.2425/2019) BETWEEN:
Sri M.R.Narasimhamurthy, S/o Late Rangappa, Aged about 54 years, R/o M.H.Patna Village, Kasaba Hobli, Gubbi Taluk, Tumkur Dist-572 216.
(By Sri Ramesh K.R, Advocate) AND:
1. Sri Kanubhai Parekh, S/o Aged about 46 years, R/o B/403, Tirupati APTS, ... Appellant Bhulabhai Desai Road, Mumbai, Maharastra State, PIN – 400 026.
2. The Branch Manager, The New India Assurance Co. Ltd., Branch Office: Upstairs, Tumkur Shopping Complex, B.H.Road, Tumkur Town, PIN – 572 102.
(By Sri.S.V.Hegde Mulkhand, Advocate for R2) ... Respondents MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 28.11.2018 PASSED IN MVC NO.681/2013 ON THE FILE OF THE ADDITIONAL SENIOR CIVIL JUDGE AND JMFC., AND ADDITIONAL MACT, GUBBI, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned Counsel appearing for the Appellant - claimant and the learned Counsel appearing for the second Respondent - New India Assurance Company Limited along with its representative are present.
2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate appearing for the appellant (being authorized by the appellant to sign) and the learned advocate appearing for the second respondent-insurance company and its authorized officer is filed. The appellant-claimant have agreed to receive and the second respondent-insurance company has agreed to pay a global compensation of Rs.1,25,000/- (Rupees One Lakh Twenty Five Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim.
3. The Second 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 HB/-
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Title

Sri M R Narasimhamurthy vs Sri Kanubhai Parekh And Others

Court

High Court Of Karnataka

JudgmentDate
13 July, 2019
Judges
  • Sri I S Pramod Chandra
  • Mohammad Nawaz