HIGH COURT LEGAL SERVICES COMMITTEE, BANGALORE BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 02nd DAY OF NOVEMBER, 2011 CONCILIATORS PRESENT: HON’BLE MR. JUSTICE HULUVADI G.RAMESH AND SRI. E.R.DIWAKAR, MEMBER Miscellaneous First Appeal No.5685/2010 (Lok Adalat No.2035/2011) C/W Miscellaneous First Appeal No.5613/2010 (Lok Adalat No.2036/2011) IN MFA 5685/2010: Between: The Branch Manager. Oriental Insurance Co.Ltd.. Sharada Complex, Opp: KSRTC Bus Stand, Chitradurga, Now represented by its Regional Manager, Oriental Insurance Co.Ltd., Regional Office, Shopping Complex, Residency Road. Bangalore - 560 025. ..Appellant (By Sri. A.N.Krishna Swamy, Advocate) And: 1. Manjunath @ Manjunathc.T., S/o.Thimmanna, Now aged about 35 years, Advocate, Rio. Obenahally Village, Chitradurga Taluk. ii- - 2 2. N.Ramaswamy, Age: Major, Owner of Scorpio Car, LIC Agent, Opp: Stadium. Chitradurga Town, Chitradurga. Respondents (Sri. Sumanth L.Bharadwj ., Advocate for R-1) THIS MFA FILED U/S. 173 (1) OF MV ACT AGAINST THE JUDGMENT DATED 27-03-20 10 IN MVC No.943/2006 ON THE FILE OF THE SENIOR CIVIL JUDGE AND ADDL. MACT, CHITRADURGA, AWARDING A COMPENSATION OF RS.8,00.000/- WITH INTEREST AT 6% P.A. FROM THE DATE OF PETITION TILL DEPOSIT. IN MFA 5613/2010: Between: Sri.Manjunath © Manjunatha.T., Sb .Thimmanna, Aged about 35 years, Advocate, rio.Obenahally Village, Chitradurga Taluk.. . Appellant (By Sri. Sumanth L.Bharadwaj, Advocate) And: 1. N.Ramaswamy, L.I.C. Agent, Opposite Stadium, Chitradurga Town, Chitradurga. 2. The Branch Manager. Branch Office, Oriental Ins.Co.Ltd., Sharada Complex, Opp.KSRTC Bus Stand, Chitradurga. Respondents (Sri. A.N.Krishna Swamy, Advocate for R-2) THIS MFA FILED U/S.173 (1) OF MV ACT AGAINST THE JUDGMENT DATED 27-03-20 10 IN MVC No.943/2006 ON THE FILE OF THE SENIOR ih 3 CIVIL JUDGE AND ADDL. MACT. CHITRADURGA. 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 24-08-2011, THE FOLLOWING CONCILIATION ORDER IS PASSED. CONCILIATION ORDER The learned counsel for the claimant and the representative of Insurance Company along with its counsel 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 sum of Rs.5,75,000/- (Rupees Five Lakh Seventy Five Thousand only) with interest at 6% p.a. from the date of petition till the date of deposit, instead of what has been 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. 3. The Insurance Company has agreed to deposit the said amount before the Tribunal, less what has already been deposited within Six weeks from the date of preparation of Award. The amount deposited before this Court shall be transferred to the Tribunal for disbursement. 4 4. MFA 5685/2010 stands disposed of in terms of the Joint Memo. In view of the above settlement. MFA 5613/2010 filed by the claimant is dismissed as withdrawn. The award of the Tribunal shall stand modified accordingly. Draw up the Award accordingly. sdf 3 LI RR*