- __I . 4 0 I, 1 HIGH COURT LEGAL SERVICES COMMflTEE, AT CIRCUIT BENCH, DHARWAD BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA CIRCUIT BENCH AT DHARWAD DATED THISTHE 19Th DAY OF AUGUST 2011 CONCILIATORS PRESENT THE HON’BLE MR.JUSTICE B. SREENIVASE GOWDA AND SRI.S.P. HUDEDGADDI, MEMBER Miscellaneous First Appeal No.21107 OF 2009(WC) (In Lok Adalat No. 6O5/201 1) BETWEEN: THE BRANCH MANAGER, IFFCO-TOKIO GENERAL INSURANCE CO.LTD., BANGALORE NOW REPTD.BY IFFCO TOKIO GENERAL INSURANCE COP. LTD., ZONAL OFFICE, SOUTH, KSCMF BUILDING; 3RD FLOOR, 3RD BLOCK, CUNNINGHAM ROAD, BANGALORE - 560 052. -. .APPELLANT (BY SRI.RAVINDRA R.MANE, ADV.) AND: 1. •KOTRE5H P. S/0 P.PORAPPA, NOW AGED ABOUT 47 YEARS, 0CC: EX DRIVER, R/O HULAGI VILLAGE, KOPPAL TQ. & DIST. ..4 1’ p 2 2. B.VENKATESHS/O NAGAPP SHErrY, MAJOR, OWNER OF TRACTOR AND TRAILER, R/0 YASHAVANTHANAGAR, SANDUR TQ. BELLARY DISTRICT. RESPONDENT S (BY Y.LAKSHIMIKANTH REDDt, FOR R-1; R-2 DISPENSED WITH) THIS MFA IS FILED UNDER SECTION 30(1) OF W.C. ACT AGAINST THE JUDGMENT AND ORDER DATED 17.12.2008 PASSED IN W.C.NO.38/2007 ON THE FILE OF THE LABOUR OFFICER AND COMMISSIONER FOR WORKMEN COMPENSATION, KOPPAL, AWARDING COMPENSATION OF Rs.81,331/- ALONG WITH INTEREST OF 12% P.A. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT AFTER BEING REFERRED VIDE ORDER DATED 01.04.2011, THE FOLLOWING ORDER IS PASSED: • CONCILIATION ORDER This appeal is filed by the insurer against the judgment and award dated 17.12.2008 passed in W.C. NO.38/2007 by the Labour Officer and Commissioner for Workmen Compensation, Koppal. The parties have settled their claim before the Lok Adalat on the following terms: a 3 The appellant Insurance Company has agreed to pay and respondent(claimant) has agreed to receive a sum of Rs.75,000/- (Rupees Seventy Five thousand only) including interest instead of Rs.81,331/- (Rupees Eighty one thousand three hundred and thirty one only). The amount in deposit is ordered to be transferred to the Commissioner for Workmen Compensation, Koppal. Excess amount, if any, is ordered to be refunded to the appellant. Out of Rs.75,000/- 50% shall be invested in F.D. in the name of the claimant in any nationalised bank for a period of five years and remaining 50% is ordered to be released in favour of the claimant. The appeal is disposed of accordingly. Sd/ 3UDGE