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Smt Venkamma W/O Thammayya Gowda vs The Oriental Insurance Co Ltd And Others

High Court Of Karnataka|14 December, 2019
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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 14TH DAY OF DECEMBER, 2019 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE SURAJ GOVINDARAJ & SRI A.K.BHAT, MEMBER M.F.A.No.3283/2015 (MV) (Lok Adalat No.3688/2019) BETWEEN:
Smt.Venkamma W/o Thammayya Gowda Aged about 53 years R/at Katla House Niddle Post & Village Belthangady Taluk Presently residing at Om Nivas, Yeyyadi Mangalore Taluk -575 001 …Appellant (By Smt.Sandhya Rao.P, Advocate) AND :
1. The Oriental Insurance Co. Ltd., Nag Nirmal Complex 1st Floor, Opp: Rangamma Chowltry, Basavana Halli Main Road, Chickmagalur-577 101 Represented by its Manager.
2. Mr.Prabhakar S/o Shivappa Poojary Aged 50 years R/at Vigere House Chickmagalur Tq -577 101. …Respondents (BY Sri Ashok N. Patil , Advocate for R1; Notice to R2 is d/w v/o dtd:29.06.2016) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:11.06.2014 PASSED IN MVC NO.94/2012 ON THE FILE OF THE I ADDITIONAL SENIOR CIVIL UDGE, MACT-VI, MANGALORE, 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 This Miscellaneous First Appeal filed against the Judgment and Award passed by the above Tribunal having been referred to Lok Adalath by the Court coming on for settlement before Lok Adalat on 14.12.2019 in the presence of the Officers of the Oriental Insurance Company Limited and advocates appearing for the respective parties, for the reasons stated in the Conciliation Order.
2. The learned Counsel appearing for the Appellant - claimant and the learned Counsel appearing for the first Respondent - Oriental Insurance Company Limited along with its representative are present.
3. 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 first respondent- insurance company and its authorized officer is filed, which reads as under:
“The Appellant has agreed to receive and Respondent ORIENTAL INS. CO. LTD., has agreed to pay a lump-sum of Rs.85,000/-(Rupees Eighty Five Thousand only) in addition to what has been awarded by the Tribunal, full and final settlement of the claim.
The Respondent ORIENTAL INS. CO. LTD., 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 9% p.a. from the date of default, till the date of deposit. The parties are not entitled for any cost.”
4. The appellant-claimant has agreed to receive and the first respondent- insurance company has agreed to pay a lump-sum of Rs.85,000/- (Rupees Eighty Five Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim.
5. The first 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.
6. The entire enhanced compensation amount shall be released in favour of the appellant – claimant, on proper identification.
7. 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 NR/-
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Title

Smt Venkamma W/O Thammayya Gowda vs The Oriental Insurance Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
14 December, 2019
Judges
  • Sri A K Bhat
  • Suraj Govindaraj