HIGH COURT LEGAL SERVICES COMM I’FFEE, DHARWAD BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT DHARWAD DATED THIS THE 09’ DAY OF FEBRUARY 2011 CONCILIATORS PRESENT: HON’BLE MR. JUSTICE A.N.VENUGOPALA GOWDA AND SRI N.S. KULKARNI, MEMBER e11aneous First A cal No.21198 2008 MV Lok Adalat No.26/2011 BETWEEN: Nagappa, S/o Sareppa Avinganti Sudagadsiddar, Age 32 years, 0cc: Coolie, R/o Shirur, Tq & Dist: Bagalkot. 2. Huligeppa, S/o Nagappa Avinganti @ Sudagadsiddar, Age 6 years, R/o Shirur, Tq & Dist: Bagalkot. 3. Ningappa, S/c) Nagappa Avinganti Sudagadsiddar, Age 4 years, R/o Shirur, Tq & Dist: Bagalkot. 4. Ningavva, D/o Nagappa Avinganti (i• Sudagadsiddar. Age 2 years, R/o Shirur, Tq & Dist: Bagalkot. Appellants 2 to 4 are minors, Reptd. by 1st appellant. APPELLANTS (By Sri. H.M.Dharigoncl, Adv.) ‘1 AND: 1. Mallappa. 5/0 Basappa ftagi. Age: Major. 0cc: Business. Rio Kelur. Tq: Hungund, Dist: Bagalkot. 2. The Branch Manager, National Insurance Co. Ltd., Melligeri Complex, Kaladagi Road, Bagalkot. RESPONDENTS (BY Sri. S.K.Kayakamath, Adv. for R-2) MFA FILED U/S 173(1) OF MV ACT. AGAINST THE JUDGMENT AND AWARD DATED 24.01.2008 PASSED IN MVC.NO.1/2006 ON THE FILE OF THE MEMBER, MACT-Il, BAGALKOT, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT AflER BEING REFERRED VIDE ORDER DATED 19.01.2011, THE FOLLOWING CONCIUATION ORDER IS PASSED. CONC1LIATION ORDER Both sides are present. After negotiation, the parties have arrived at a settlement A joint memo is filed in this regard. 2. The second respondent submits that, he is agreeable to pay Z2,70,000/ in lumpsum, i.e.. over and above the amount awarded by the MACT. being the full and final settlement of the claim of the appellant. 3 3. Both the parties have signed the consent memo. 4. The second respondent shall deposit the agreed amount before the MACT, within a period of six weeks from the date of receipt of copy of this order. In case of default, the amount shall carry interest at the rate of 9% p.a. i.e., after the expiry of six weeks period. 5. Upon deposit, Z70,000/- each be kept in fixed deposit in any nationalized bank for a period of three years in the names of appellants/claimants 2 to 4 till they attain majority with a provision to withdraw the interest periodically and the balance amount be released in favour the 1st appellant/ 1st claimant. 3d!- JUDGE Sd!. mkc