HIGH COURT LEGAL SERVICES CO1’IM:ITTEE, DHARWAD, BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA CIRCUIT BENCH AT DHARWAD DATED THIS THE 10TH DAY FEBRUARY, 2011 CONCILIATORS PRESENT: THE HON BLE MR.JUSTICE ARAVIND KUMAR AND SHRI. K.L.PATIL, MEMBER M.F.A.No.8942/2006 (LOK ADALAT NO.61/2011) Between: The United India Insuance Co. Ltd., By its Divisional Manager, Maruti Galli, Belgaum Dist. Appellant (By Sri. Ravindra R Mane, Advocate) And: 1. Sri. Somashekhar Bhimappa Mulimani Age: 21 years, 0cc: Poultry business R/o Sankeshwar, Tq: Hukkeri, Dist: Belgaum. 2. Sathyanarayana S/o S.V.Subbaiah Age: Major, 0cc: Business R/o No.140, K.H.Ranganath Colony J.J.Nagar, Bangalore- 18. Respondents 2 I, (By Sri.Srinand A Pachchapure, Adv. for Ri. Sri. S.P.Satish, Adv. for R2) This MFA is filed under Section 173(1) of MV Act against the Judgement and award dated: 22.04.2006 passed in MVC.No.2275/2004 on the file of the Civil Judge(Sr.Dn.) & Member Additional MACF, Hukkeri, awarding compensation of Rs.3,80,400/- with interest @6% P.A. from the date of the claim petition till realisation. This appeal coming on for conciliation before Lok Adalat after being referred vide order dated 18-01-2011, the following order is passed. CONCILIATION ORDER The learned counsel for the appellant-Insurance company along with its representative and learned counsel for the respondents are present. 2. After prolonged negotiations, the matter is settled. The claimant has agreed to receive and the Insurance Company has agreed to pay a global compensation of t2,00,000/-(Rupees two lakhs only) in full and final settlement of the claim. A joint Memo is filed on behalf of the parties to this effect. 3. This miscellaneous first appeal stands disposed of in terms of the Joint memo. The award of the Tribunal shall stand modified accordingly. Draw up the award accordingly. 4. It is submitted that a sum of 1,OO,OOO/- is already deposited. Thus, balance amount is payable by the appellant-insurer would be 1,OO,OOO/-. SW JUDGE pv*