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Sri Rajesh vs The Divisional Manager 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 & SRI M.N.UMASHANKAR, MEMBER M.F.A.No. 6680/2010 (MV) (Lok Adalat No. 4306/2017) BETWEEN Sri Rajesh S/o Not known [Orphan] Aged about 25 years, R/at No.16, 7th Cross, 7th Main, Ganesh Block, Mahalakshmi Layout, Bangalore – 560 072. ... Appellant (By Sri Mahesh Shetty, Advocate) AND 1. The Divisional Manager, The Oriental Ins. Co. Ltd., Divisional Office No.1001/56, Jayalakshmi Mansion, 11 Floor, Dr. Rajkumar Road, 4th Block, Rajajinagar, Bangalore – 560 010.
2. G. Manjula W/o B. Ramakrishnaiah, No.7382, Manju Shree Nilaya, Subhash Nagar Main Road, Near PWD Office, Nelamangala Taluk, Bangalore Rural Dist. ... Respondents (By Sri A.Ravishankar, Advocate for R-1, Notice to R-2 d/w. v.c.o. dated 08.03.2016] MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 19.01.2010 PASSED IN MVC NO. 6565/2007 ON THE FILE OF X ADDL. JUDGE AND MEMBER MACT, BANGALORE CITY, 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 claimant-appellant and the learned Counsel for the respondent – Oriental Insurance Company Limited 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. 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. 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, 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 Mkm Sd/- MEMBER
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Title

Sri Rajesh vs The Divisional Manager And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • Sri M N Umashankar
  • B Veerappa