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Sri Manjunath vs The Oriental Insurance Co Ltd And Others

High Court Of Karnataka|09 December, 2017
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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 9TH DAY OF DECEMBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR.JUSTICE B.VEERAPPA AND SRI. M.N. UMASHANKAR, CONCILIATOR MISCELLANEOUS FIRST APPEAL NO.11536/2012(MV) (LOK ADALATH NO.5359/2017) BETWEEN:
SRI MANJUNATH S/O SRI. GANGARAMAIAH, AGED ABOUT 29 YEARS, R/AT YENTAGANAHALLI VILLAGE, KASABA HOBLI, NELAMANGALA TALUK, BANGALORE RURAL DISTRICT-562123.
(BY SRI K P BHUVAN, ADVOCATE) AND ... APPELLANT 1. THE ORIENTAL INSURANCE CO LTD. NO. 44/45, LEO SHOPPING COMPLEX, RESIDENCY ROAD, BANGALORE-01. POLICY ISSUED AT THE ORIENTAL INSURANCE CO LTD., VP-IV, IST A CROSS, POLICE STATION ROAD, IST STAGE, PEENYA INDUSTRIAL ESTATE, BANGALORE-58.
2. SRI. C CHANDRAN S/O SRI. CHANNABASAIAH, NO. 1/2, YENATAGANAHALLI VILLAGE, KASABA HOBLI, NELAMANGALA TALUK, BANGALORE RURAL DISTRICT-560058.
... RESPONDENTS (BY SRI S Y SHIVALLI, ADVOCATE FOR R1) … THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:20.9.2012 PASSED IN MVC NO.788/2011 ON THE FILE OF THE 10TH ADDITIONAL JUDGE, MACT, BANGALORE, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS MISCELLANEOUS FIRST APPEAL COMING ON FOR CONCILIATION BEFORE THE LOK ADALAT, THE FOLLOWING ORDER IS PASSED:
CONCILIATION ORDER The learned Counsel for the claimant-appellant and the learned Counsel for the Insurance Company 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 lumpsum of Rs.95,000/- (Rupees Ninety 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 shall be released in favour of the appellant.
5. This Miscellaneous First Appeal stands disposed of in terms of the joint memo. The judgment and award of the Tribunal stands modified accordingly.
Office to draw up the award accordingly.
Sd/- JUDGE Sd/- CONCILIATOR Nsu/-
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Title

Sri Manjunath vs The Oriental Insurance Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • B Veerappa