HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF MARCH, 2019 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE K. NATARAJAN & SRI K.P.YOGANNA, MEMBER M.F.A.No. 6310/2017 (MV) (Lok Adalat No. 2617/2018) BETWEEN Mr. Tharanath Shetty, S/o late Narayana Shetty, Aged about 49 years, R/at. Door No.5-12-1206, R.S.Compound, Haridas Lane, Mannagudda, Mangaluru, D.K.District – 575 007. ... Appellant (By Sri G. Ravishankar Shastry, Advocate) AND 1. Mr. Azaz Ahamed S/o Moideen, Aged about 45 years, R/at. Door No.8/14-1259, Koya Compound, Kudroli, Mangaluru, D.K.District – 575 006.
2. United India Ins. Co. Ltd., Office at Varanashi Towers, Mission Street, Bunder, Mangaluru, Rep. by its Branch Manager – 575 001. ... Respondents ( By Sri Y.P. Venkatapathi, Advocate for R-2, Notice to R.1-d/w. v/o. dated 03.12.2018) MFA FILED U/S 173(1) OF M.V. ACT AGAINST THE JUDGMENT AND AWARD DATED 08.03.2017 PASSED IN MVC NO. 1318/2014 ON THE FILE OF THE II ADDL. DISTRICT JUDGE & ADDL. MACT-III, MANGALURU, D.K., 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 – 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 lump-sum of Rs.50,000/- (Rupees Fifty 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 Mkm