HIGH COURT LEGAL SERVICES COMMITTEE, BANGALORE BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 14th DAY OF SEPTEMBER, 2011 CONCILIATORS PRESENT: HON’BLE MR. JUSTICE S.N.SATYANARAYANA AND SRI GANGADHAR SANGOLLI, MEMBER Miscellaneous First Appeal No.361/2010 (Lok Adalat No.586/201 1) Between: Shivamma D/o.Nagappa, Aged about 37 years, Coolie, R/o.Bommanakatte Village, Holalkere Taluk, Chitradurga District. .. Appellant (By Sri.R.Shashidhara, Advocate) And: 1. Shanthakumar S/o.Ganaprakash, Age: Major. R/o.Behind N.E.S. Office, Hosadurga, Owner of Lorry No.KA-32/A-0082 2. The Divisional Manager, Oriental Insurance Co. Ltd., Enkay Complex, Keshavapura Hubli. Respondents (Sri. Y.K.Sheshagiri Rao, Advocate for R-2) ThIS MFA FILED U/S.17S (1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 16-11-2009 PASSED IN MVC NO.214/2007 ON THE FILE OF THE CIVIL JUDGE (SR DN) & MACT HOLALKERE PARItY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT AFTER BEING REFERRED VII)E ORDER DATEI) O-4-2O1 1. THE FOLLOWING CONCIL1K[1ON ORDER IS PASSED. CONCILIATION ORDER The learned counsel for the appellant and the learned counsel for Respondent— Insurance Company along with the officer are present. 2. After due deliberations, the respondent — Insurance Company has offered to pay a sum of Rs.87,000/- (Rupees Eighty Seven Thousand only) which is inclusive of interest, in addition to the amount awarded by the Tribunal. The appellant has agreed to receive the same, 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 9% p.a. from the date of default, till the date of deposit. 3 4. Out of the enhanced compensation, a sum of Rs.60,000/- shall be kept in fixed deposit in the name of the appellant in any nationalized bank for a period of 5 years with the liberty to draw the interest on the said amount. The balance amount of Rs27,OOO/- shall be released in favour of the appellant. 5. This miscellaneous first appeal is allowed in terms of the Joint Memo. The award of the Tribunal shall stand modified in terms of the aforesaid settlement arrived at by the parties. Draw up the Award accordingly. Sd/ TUDGE SdI RR