HIGH COURT LEGAL SERVICES CO1VIMITTEE, DHARWAD, BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA CIRCUIT BENCH AT DHARWAD DATED THIS THE 27Th DAY OF JANUARY, 2011 CONCILIATORS PRESENT: THE HON’BLE MRJUSTICE ARAVIND KUMAR AND SHRI. N.S.KULKARNI, MEMBER M.FA.No.24230/2009 (LOK ADALAT NO.7/2011) Between: Kumar Manjunath Nagappa Shipri, Age: 22 years, 0cc: Welder, R/o. Radhapurpeth Ramdurg, Tq: Ramdurg, Dist: Belgaum Appellant (By Sri.H.M.Dharigond, Advocate) And: 1. Siddanagouda Parwathgouda Yallappagouder Age:77, 0cc: Agriculture, R/o. Hallikeri Oni Konnur, Tq: Naragund, Dist Gadag 2. The Divisional Manager, The United India Assurance Co.Ltd., Through its Divisional Office, No.1568, Maruthi Galli, Belgaum. Respondents (By Sri.Manjunath Swamv Hiremath, Adv., for Ri (VK filed), M.G.Gadagoli, Adv,, for R2) This MFA is filed under Section 173(1) of MV Act against the Judgement and award dated: 3 1/8/2009 passed in M.V.C.No.1503/2007 on the file of the Civil Judge (Sr.Dn.) and Member, Addi. MACT, Ramdurg, partly allowing the claim petition for compensation and seeking enhancement of compensation etc., This appeal coming on for conciliation before Lok Adalat after being referred vide order dated 19.1.2011, 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 Rs.40,000/-(Rupees Forty thousand only) in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. A joint Memo is filed on behalf of the parties to this effect, 50% of the amount to be released to claimant and 5Q0/ of the amount is ordered to be kept in Fixed Deposit in a nationalised Bank of claimant’s choice for a period of five years. Claimant would be entitled to withdraw periodical interest. 3. This miscellaneous first appeal stands disposed of in terms of the Joint memo. The award of the Tribunal shall stand modified accordingly. Draw the award accordingly. 7 ,‘ M ES