IN THE HIGH COURT OF KARNATAKA CIRCUIT BENCH AT DHARWAD DATED THIS THE 27TH DAY OF JANUARY, 2011 CQNCJLIATORS PRESENT: THE HON BLE MRJUSTICE ARAVIND AND SHRLNSKULKARNI, MEMBER o.827QJQO7 Between: Master Kumai 3/ oShridhar Moger, Aged 5 years, Being minor represented by his next friend Mother Sntindira Shridhar Moger, Aged 30 years. Ccc,: Household, R/oAlvekodi, Bhatkai Taluk, Kajuhag, Karwax ,Appdllant (By Sri.’LM Nadaf iS Sri. R. M Nadaf. Advocates) And: 1. The Head M.aster, RegiS Owner of Mahmctra 1emo No.KA3O/4200, Aniuman Primary -cten !3ika I 2 2. The Divisional Manager, United India Insurance Co. Ltd., Divisional Office, Kaikini Road, Karwar. Respondents (By Sri.Srishaila taken notice for R2. Notice not order to Ri) This MFA is filed under Section 173(1) of MV Act against the Judgement and award dated: 06.02.2007 passed in MVC No.134/2006 on the file of the PrI. Civil Judge (Sr.Dn.) & Member, First Addl. MACF., Karwar, partly allowing the claim petition for compensation and seeking enhancement of compensation. This appeal coming on for conciliation before Lok Adalat after being referred vide order dated 03.12.2010, the following order is passed. CONCILIATION ORDER Learned counsel for Respondent-Insurance Company along with its representative present. 2. After prolonged negotiations, matter is settled. The appellant-claimant has agreed to receive and the Respondent Insurance Company has agreed to pay a global compensation of ?3,00,000/-(Rupees three laths only) in addition to what has been awarded by the Tribunal, in full and final settlement 4— j of the claim. A joint Mem.o is filed on behalf of the parties to this effect, 2,5O,OOO/ (RsTwo k.khs i.ifty thousand only) to be kept in a Fixed Deposit •.in a Nation.ahsed Bs.nk of claimant’s choice till claimant attains majority. Parents are entitled to withdraw periodical interest and it shall be utilise for education purpose of claimant, Remaining 5O,OOO/ to be released in favour of claimant. 3. This miscelianecus 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. 3S