HIGH COI RI’ FOAl SFRVI( PS (‘OMMIImE DlIRWAD BEFORE THE LOK ADALAT IN ‘HF HIGH (OGRI OF KARNATAKA QIRC I F Bb\( H Al Dl IARWAD DATED THIS THE 7TH DAY OF FEBRUARY 2011 (ONCILI \ I ORS PRLSFN 1 THE HON’BLE MRJUSTICE NKPATIL SRI ST. PATIL, MEMBER MFA NO 11 790 OF 2003 LMVI LokAdalatNo 13 )011 BLI’WEEN Abdul \ o Rajcstb I iha lb \g )3car ) Nil R at ‘ adaa ina •1 AND 1. Managing Director, Karnataka State Road Transport, Shantinagar, Bangalore. 2. Managing Director, N.W.K.R.T.C., Central Office, Gokul Road, Hubli. Respondents (By Sri. Shivakumar S. Badawadagi, Advocate) This MFA is filed U/S 173(1) of MV Act against the Judgment and Award dated: 11/10/2005 passed in MVC No.326/2004 on the file of the Addl. Civil Judge (SR.DN.) & Addl.MACT, Hubli, partly allowing the Claim Petition for compensation & seeking enhancement of Compensation. This Appeal coming on for conciliation before Lok Adalat, after being referred by the Court, the following Conciliation Order is passed. CONCILIATION ORDER The learned counsel for the appellants, the learned counsel for the respondents and their representative are present. 2. After due deliberation in the matter, they have arrived at a settlement. The Respondent — f4 Corporation has agrd to pa r sum of ?)00 000 (Rupees mo I akhs Onh) nithout Intc rest, in iddition to the am unt ilreadr in rded bt tne Iribunal I he Appellants have agreed to receirc the said amount in full and final settlement of the claim 3 The respondent Corporation has agreed to deposit thc amount before the Tribunal nithiri six necks from the date of preparation of the award failing nhieh the arnouni shall carry interest t the iate of 90 per annum from tht date of default ill the dat of dt posit Ihe partIes l i fikd i nt Mnio i t rms of s ttle n It I I st tt mer t is r t r I st cr t h p i r r ef r 4 the Fixed I)eposit .ccount in the name of the second appellant, for .i period of fi’ c. sears. renet able In rinother five earc. ith Iibert rerrn’d to her to dthdrav the interest periodic’all. A sum of 5O.OO0 shall be ünested in the Fixed Deposit Account, in the name of the first appellant. for a period of three years. renewable b3 another three years. with liberty reserved to him tn withdra the interest periodic’alh. Remaining c’ompensalior of ?50 000/ shall be dc ased in favour of th q’pellmts r l ). in equal p op tin immediatcl dc.p sit I’ poration. ‘iprh I .1