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Sri P Jayaprakash Babu @ P Prakash vs Hdfc Ergo General 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 ADALATH IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 09TH DAY OF DECEMBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE RAGHVENDRA S. CHAUHAN AND SMT. H.R. RENUKA, MEMBER M.F.A. No. 3552/2017 (MV) (Lok Adalat No. 5543/2017) BETWEEN:
Sri. P. Jayaprakash Babu @ P. Prakash S/o P. Srinivasa, Aged about 47 years, Residing at No.44, Sharadanagara, Chunchaghatta Main Road, Konanakunte Post, Bengaluru – 560 062.
Old Address: No.240, Sharadanagara, Chunchaghatta Main Road, Beereshwaranagara, Bengaluru – 560 062. .. Appellant (By Sri. Girimallaiah, Advocate) AND:
1. HDFC ERGO General Insurance Co. Ltd., No.25/1, II Floor, Shankar Narayan Building, M.G. Road, Bengaluru – 560 001.
2. Sri. Prasanth G. S/o Channaigaiah, (Age not known to the appellant), 5th Cross, M. Javaregowda Building, V.V. Nagar, Kallahalli, Mandya – 571 401. .. Respondents (By Sri. H.S. Lingaraj, Advocate for R-1, Notice to R-2 – d/w v.c.o. dated 13.11.2017) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED: 17.12.2016 PASSED IN M.V.C. NO.4320/2015 ON THE FILE OF THE VIII ADDL. SMALL CAUSES JUDGE & XXXIII ACMM AND MEMBER, MACT, BENGALURU, 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 appellant and the representative of Respondent – HDFC ERGO General Insurance Company Ltd., along with its counsel 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 compensation 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 disbursed in favour of the appellant, on proper identification.
5. The Miscellaneous First Appeal stands disposed of in terms of the Joint Memo. The award of the Tribunal shall stand modified accordingly.
Draw up the award accordingly.
Sd/- JUDGE Sd/- MEMBER *Rbv
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Title

Sri P Jayaprakash Babu @ P Prakash vs Hdfc Ergo General Insurance Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • Raghvendra S Chauhan