HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALATH IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9th DAY OF MARCH, 2019 CONCILIATORS PRESENT:
THE HON’BLE MR.JUSTICE ARAVIND KUMAR AND SRI. S.RACHAIAH, MEMBER Miscellaneous First Appeal No.7695/2017 (Lok Adalat No.1845/2018) BETWEEN:
SRI. MALLIKARJUNA P S/O LATE P. SRIRAMALU AGED ABOUT 41 YEARS R/O NO.50, 9TH CROSS VASANTHPURA ROAD KONANAKUNTE CROSS BANGALORE-560062.
(BY SRI. JAGADEESH H.T., ADVOCATE) AND:
1. CAUVERY MOTORS PVT. LTD, NO.02, OLD NO.6 BINNYSATONE GARDEN MAGADI ROAD BANGALORE-560023.
2. THE MANAGER NATIONAL INSURANCE CO. LTD., REGIONAL OFFICE NO.144, 2ND FLOOR ….APPELLANT SUBARAM COMPLEX M.G. ROAD, BANGALORE-560001.
….RESPONDENTS (BY SRI. K.SRIDHARA, ADVOCATE FOR R2) THIS MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 16.08.2017 PASSED IN MVC NO.8006/2016 ON THE FILE OF THE XIX ADDITIONAL SMALL CUASE JUDGE, MACT, BANGALORE, (SCCH-17), PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALATH AFTER BEING REFERRED VIDE ORDER DATED 10.10.2018. THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned counsel appearing for appellant and respondent No.2 -Insurance Company along with its counsel are present.
2. After prolonged negotiations, the matter is settled. Appellant-claimant has agreed to receive and Respondent-Insurance Company has agreed to pay a global compensation of `80,000/- (Rupees Eighty 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. Said amount of `80,000/- shall be released infavour of appellant on proper identification.
3. 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. Miscellaneous First Appeal stands disposed of in terms of the Joint Memo. The award of Tribunal shall stand modified accordingly. Draw up the award accordingly.
SD/- JUDGE SD/- MEMBER RU