IN THE HIGH COURT OF KARNATAKA CIRCUIT BENCH AT DHARWAD DATED THIS THE 29th DAY OF NOVEMBER2011 PRESENT THE HON’BLE MRJUSTICE MOHAN SHANTANAGOUDAR AND SRI V.G, BHAT. MEMBER M.F.A. No. 20597/2008 IN L.A. NO. 546/2011 BETWEEN: 1. Yallappa s/o Fakirappa Lakmapur, Age: 56 years, 0cc: Stone cutting, R/o Railway Station, Badami, Dist. Bagalkot, now residing at Navanagar, Sector No. 46, Near Stadium, Bagalkot. 2. Smt. Nagawwa w/o Yallappa Lakmapur, Age: 48 years, 0cc.: Household work, R/o Railway Station. Badami. Dist. Bagalkot, now residing at Navanagar, Sector No. 46, Near Stadium, Bagalkot. Appellants [By Shri V.M. Sheelavant. Advocate) AND: 1. Giriyappa s/o Neelappa Hoolageri, Age: Major, 0cc; Agriculture, R/o Chikkur, Tq. Mudhol, Dist. Bagalkot. 2. The Divisional Manager, New India Assurance Co. Ltd., Near Kittel College, Dharwad, Respondents [By Shri M.K. Soudagar, Advocate for R2) This appeal is filed under Section 173 (1) of M.V. Act against the judgment and award dated 10.06.2008 passed in M.V.C. No, 227/2007 on the file of the Member, MACT-IlI, Bagalkot. This M.F.A. coming on for conciliation before the Lok Adalath this day, the following order is passed. CONCILIATION ORDER 1. This appeal is filed under Section 173 (1) of M.V. Act against the judgment and award dated 10.06.2008 passed in M.V.C. No. 227/2007 on the file of the Member, MACT-Ill, Bagalkot. 2. The learned counsel for the appellants and the learned counsel for respondent no. 2 are present. 3. After negotiations, the matter is settled. The second respondent has agreed to pay and the appellants have agreed to receive a compensation of 1,40,000/- (Rupees One Lakh & Forty Thousand) globally inclusive of interest, in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 4. The 2ld respondent shall 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. 5. We are satisfied that the settlement arrived between the parties is just and proper. 6. The entire enhanced compensation amount shall be released in favour of the appellant. 7. This appeal stands disposed of in terms of the joint memo. Award of the Tribunal is modified. Draw the award accordingly. Sd! JUDGE ) SdJ