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Srirangappa @ Srirangaiah @ Sriranga

High Court Of Karnataka|25 October, 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 25TH DAY OF OCTOBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE L.NARAYANA SWAMY & SMT. M.JYOTHI, MEMBER M.F.A.No. 7093/2016 (MV) (Lok Adalat No. 3371/2017) BETWEEN Srirangappa @ Srirangaiah @ Sriranga, S/o . Krishnappa, Aged about 29 years, R/at Bukkapatna, Sira Taluk.
Now residing at 2nd Cross, Sira Gate, Madhugiri Road, Tumkur-572101.
(By Sri Shantharaj K. Advocate) AND 1. Bhanuprakash, S/o P.Eranna, Aged about 34 years, R/at. Tavarekere village, Sira Taluk, ... Appellant Tumkur District-572137.
2. The Manager, United India Insurance Co. Ltd., Branch Office, First Floor, Jayadeva Complex, B.H.Road, Tumkur Town 572101. …Respondents (By Sri C.Shankar Reddy, Advocate for R-2, Notice to R-1 – d/w v.c.o. dated 21.03.2017) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 23.04.2014 PASSED IN MVC NO. 1309/2012 ON THE FILE OF THE II ADDL. SENIOR CIVIL JUDGE, MACT, TUMKUR, 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 – United India 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 sum of Rs. 2,70,000/- (Rupees Two Lakhs Seventy 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 apportionment, deposit and release of the enhanced compensation amount shall be made in terms of the Judgment and Award passed by the Tribunal.
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

Srirangappa @ Srirangaiah @ Sriranga

Court

High Court Of Karnataka

JudgmentDate
25 October, 2017
Judges
  • M Jyothi
  • L Narayana Swamy