HIGH COURT LEGAL SERVICES COMMITTEE,DHARWAD BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT DHARWAD DATED THIS THE 12TH DAY OF APRIL 2010 PRESENT THE HON’BLE MR.JUSTICE RAM MOHAN REDDY AND SRI. SJ.PATIL MEMBER M FA. NO2397/08 IN L.A.NO.120/10 BETWEEN: SMT.SHANTABAI, W/O MAHADEV PATHADE AGED ABOUT 54 YEARS 0CC: COOLIE, R/O ASHRAYA NAGAR JATRAT yES, NIPANI, TQ:CHIKODI DIST:BELGAUM APPELLANT (By Sri. SANJAY S KATAGERI, ADV) AND 1. SRI.SURESH KASHINATH KANADE AGED ABOUT 40 YEARS CCC: BUSINESS R/O KODANI, TQ:CHIKODI DIST: BELGAUM 2. THE DIVISIONAL MANAGER NEW INDIA ASSURANCE CO LTD CLUB ROAD, BELGAUM RESPONDENTS 34; vci0 aL ptvHS. (By Sri. B S KAMATE, ADV FOR Ri & SRI.LAXMAN B MANNODDAR, ADV FOR R2) THIS M.F.A. COMING ON FOR CONCILIATION BEFORE THE LOK ADALAT, THE COURT MADE THE FOLLOWING: CONCILATION ORDER This MFA filed U/s. 173 (1) of MV Act against the 6f1D2OO+ judgment and award dated passed in MVC 3co4 v4, No 68/2005 on the file of the MACT, The learned Counsel for the Appellant, the representative of the Respondent and the learned Counsel for the Respondent are present. 2. After negotiations, the matter is settled. The Insurance Company has agreed to pay and Appellant has agreed to receive a lump sum compensation of Rs.52,800/- ( Rs. Fifty Two Thousand Eight Hundred Only) with 6% interest from the date of petition, in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 3. The Insurance Company shall deposit the said amount before the Tribunal within six weeks from the date 3 of preparation of Award, failing which the said amount shall carry interest @ 9% p.a. from the date of default, till the date of deposit. 4. We are satisfied that the settlement arrived between the parties is just and proper. 5. From out of the entire enhanced compensation 5 O% (fifty) amount shall be released in favour of the Appellant and the balance to be kept in a term deposit with a nationalized Bank entitling the appellant to withdraw the interest. 6. This Misc. First Appeal stands disposed of in terms of Joint Memo Award of the Tribunal is modified. Draw the Award accordingly. 1 ! *bgn/ -