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Sri P R Prabhushankar vs The Shriram General Ins Co Ltd And Others

High Court Of Karnataka|09 March, 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 09TH DAY OF MARCH, 2019 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE B. VEERAPPA & SRI. M.N. UMASHANKAR, MEMBER M.F.A.No. 115/2018 (MV) (Lok Adalat No. 20/2019) BETWEEN Sri. P.R. Prabhushankar, S/o Late Rudraiah, Aged about 48 years, R/of N. Pura Village, Nittur Hobli, Gubbi Taluk, Tumkur District - 572 216. ... Appellant (By Sri. V.B. Siddaramaiah, Advocate) AND 1. The Shriram General Ins. Co. Ltd., Branch office, No.5, 3rd Floor, Monarch Chambers, Op: Infantry Wedding Hall, Infantry Road, Bengaluru - 560 001. Rep. by its Manager 2. Sri. M.R. Gangadhara, S/o Ramanna, Aged about 46 years, R/of N. Mathighatta Village, Nittur Hobli, Gubbi Taluk, Tumkur District - 572 216.
3. Sri. Mahesh Y.T, S/o Thimmegowda, Aged about 46 years, R/of No.1066, Shivashankar Nilaya, Nagarabhavi, Huchappa Road, Rao Bahadur Road, Mudalapalya, Bengaluru - 560 056. ... Respondents (By Sri B. Pradeep, Advocate for R-1, Notice to R.2 & 3 d/w. v/o. dated 29.01.2018) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 01.12.2016 PASSED IN MVC NO. 827/2012 ON THE FILE OF THE SENIOR CIVIL JUDGE & ADDL. MACT-17, GUBBI, 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 Appellant/Claimant and the learned Counsel for the Respondent - Shriram 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 - Insurance Company has agreed to pay a lump-sum of Rs.55,000/- (Rupees Fifty-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 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 LL
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Title

Sri P R Prabhushankar vs The Shriram General Ins Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
09 March, 2019
Judges
  • Sri M N Umashankar
  • B Veerappa