HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 23RD DAY OF FEBRUARY, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE B. VEERAPPA & SRI. ARVIND KAMATH, MEMBER M.F.A.No. 3129/2013 (MV) (Lok Adalat No. 1222/2017) BETWEEN Vasudev Nayak S/o Marthappa Nayak, Age: 71 years, Gundiballi Post, Kunjibettu, Udupi Taluk, Udupi District – 576 101. ... APPELLANT (By Sri. V.S. Hegde, Advocate) AND 1. Mohammad Iqbal S/o Ustad Abdulla Saheb, Aged about 42 years, Paduthonse, Hoode, Udupi Taluk – 576 105.
2. Ashraf S/o Moidin Bapu, Paduthonse, Hoode, Udupi Taluk, Udupi District – 576 101.
3. Shriram General Insurance Co. Ltd., By Udupi Branch Manager, K.M. Marg, Udupi, Udupi District – 576 101. ... RESPONDENTS (By Sri. A.N. Krishna Swamy, Advocate for R-3) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 21.12.2012 PASSED IN MVC NO. 351/2012 ON THE FILE OF THE PRESIDING OFFICER, FAST TRACK COURT UDUPI, 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 – 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. 65,000/- (Rupees Sixty 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 Rbv Sd/- MEMBER