,I(;H Col Fir IJ!GAL 4kR1t ESi cnlMiIrT* fiHRWAL; BEFORE THE LOK ADALAT I\ I HF. hIGh C ft RT n1 1 U?NA U’ ‘i ‘IRL tI 13k NC H .tI’ DHiR -JJ DATED THIS THE 5TH DAY OF JANUARY 2011 Cc)Nc’ILI 1ORS PRESFN THE HON’BLE MR.JUSTICE NIL. PATIL ND SRI S.S. PATIL, MEMBER llAS9 2( 9F 209.jM3j Ink ALilat No.313c.Oj’, HFTk FF% s rtJ 4 n • than a Va inn ‘ivl U ‘v a.. 1’. H.n.s 1w [. R 0 t Post1 cca.nzr ‘ii Bk ;a!.&. ii;.’ hr!r ‘. .‘ .,t I I ) : a’ I tO’) 1 I A 31 j,,.I, . .,. .1• • ‘S w)r (‘ t R. ‘s:’t ‘ i .‘L.. .‘ . •1 I • s 1 3 ‘.• C. (a... ..l •, . • I •‘ •. ) • 1 •j’•’ : ‘ 2 This MFA filed u/s 173(1) of MV Act, against the Judgement and Award dated 24.03.2007 passed in MVC No.702/2006 on the file of the I Additional Civil Judge (Sr.Dn.) & Additional MACI, Belgaum, partly allowing the claim petition for compensation and seeking enhancement for 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 appellant, the learned counsel for the second respondent and the representative of the second respondent are present 2. After due deliberation in the matter, they have arrived at a settlement. The second respondent has agreed to pay a sum of ?1,50000/- (Rupees One Lakh Fifty Thousand only) without interest, in addition to the amount already awarded by the Tribunal. The Appellant has agreed to receive the said amount in full and final settlement of the claim. 3. The second respondent has agreed to deposit the amount before the Tribunal within six weeks from the date of preparation of the award, failing which the amount shall carry interest at the rate of 9% per annum from the date of default, till the date of deposit. 4. The parties have filed a Joint Memo in terms of their settlement. The settlement is in the best interest of the parties and therefore, accepted. ‘S 5. Accordingly, the Judgment and Award passed by the I Additional Civil Judge (Sr.Dn.) & Additional MACT, Belgaum, dated 24-03-2007 in MVC No. 702/2006 stands modilied in terms of the Joint Memo. Out of the enhanced compensation of ?l,50,000/-. a sum of !75,000/- shall be invested in the Fixed Deposit Account, in the name of the appellant, for five years and renewable for another five years, with liberty reserved to her, to withdraw the interest periodically. Remaining sum of 75,000/- shall be released in favour of appellant, immediately on deposit by the insurer of the offending vehicle. Draw up the award accordingly. Sd,!: so]’. BMV I