HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 13TH DAY OF JULY, 2019 CONCILIATORS PRESENT:
THE HON’BLE SHRI JUSTICE L. NARAYANA SWAMY & SRI K.B. NAIK, MEMBER BETWEEN Sri Thimmappa Gowda, Now aged 49 years, S/o Thaniyappa Gowda, M.F.A.No.6313/2016 (MV) (Lok Adalat No.2039/2019) r/o Perne, Bantwal Taluk, D.K.District – 574 211. ... Appellant (By Sri Vishwanatha Poojary K., Advocate) AND 1. Mr. P.Jagadish Alva, Now aged 53 years, Son of late Kochanna Alva, r/o H.No.3/33, Alva’s Residency Pajeer Village and Post, Bantwal Taluk, D.K.District – 574 211.
2. The Branch Manager, Reliance General Insurance Co. Ltd., Branch Office, Mangalore, Light House, Hill Road, Hampankatte, Mangalore, D.K.District – 575 001. …Respondents (By Sri H.S.Lingaraj, Advocate for R.2) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 24.06.2013 PASSED IN MVC NO.26/2013 ON THE FILE OF THE V ADDL. DISTRICT AND SESSIONS JUDGE, D.K. MANGALORE, SITTING AT PUTTUR, D.K., PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned Counsel appearing for the Appellant - Claimant and the learned Counsel appearing for the Second Respondent – Reliance General Insurance Company Limited along with its representative are present.
2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate appearing for the appellant (being authorized by the appellant to sign) and the learned advocate appearing for the Second respondent – Insurance Company and its authorized officer is filed. The Appellant - Claimant has agreed to receive and the Second Respondent - Insurance Company has agreed to pay a lump-sum of Rs.2,00,000/- (Rupees Two Lakh only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim.
3. The Second 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. Out of the enhanced compensation amount, 50% shall be released in favour of the appellant – claimant, on proper identification. Remaining 50% shall be kept in fixed deposit in any nationalized/scheduled bank in the name of the appellant for a period of three years with liberty to draw the interest periodically.
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