HIGH COURT LEGAL SERVICES COMMIT, BANGALORE BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 16th DAY OF NOVEMBER, 2011 CONCILIATORS PRESENT: HON’BLE MR. JUSTICE N.K.PATIL AND SRI. A.K.BHAT, MEMBER Miscellaneous First Appeal No.1595/2008 (Lok Adalat No.1618/2010) BETWEEN: Smt.Chandrakala, W/o.Late T.M.Nataraju, Aged 32 years. 2. T.N.Geetha, D/o.Late T.M.Nataraju, Aged about 12 years. 3. T.N.Shashishekar, S/o.Late T.M.Nataraju, Aged about 10 years, Claimants 2 & 3 are minors, Represented by their natural Guardian-mother — 1 St Petitioner. All are R/o.Oil Mill Road, Mandipet. Tumkur. Appellants (By Sri. N.Srinivas, Advocate) AND Manjunatha. S/o.Bettaiah, Major, R/o.Kesthur, Kora Hobli, Tumkur Taluk. 2 2. Smt.Sakamma, W/o.Mallappa, Aged about 62 years, Residents of Oil Mill Road, Mandipet, Tumkur. 3. The Oriental Insurance Co.Ltd., DO-XII. Mahalakshmi Mansion, 2t Floor, 100 1/56, Dr.Rajkumar Road, 4t1 Block, Rajajinagar. Bangalore — 10. Respondents (By Sri. V.B.Siddaramaiah, Advocate for R-2 & Sri M.S.Sriram, Advocate for R-3) MFA FILED U/S. 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 21-09-2007 PASSED IN MVC NO.934/2005 ON THE FILE OF ADDL. CIVIL JUDGE (SR.DN.) AND MACT, TUMKUR, PARLY ALLOWUG ThE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT FOR COMPENSATION. ThIS MFA COMING ON FOR CONCILIAITION BEFORE LOK ADALAT AFTER BEING REFERRED VIDE ORDER DTD.04-11-2010, ThE FOLLOWING ORDER IS PASSED. CONCILIATION ORDER The learned counsel for the Appellants -Claimants and the learned counsel for Insurance Company along with its representative are present. 2. After prolonged negotiations, the matter is settled. The appellants —claimants have agreed to receive and the Respondent Insurance Company has agreed to pay a lump sum of Rs.2,25,000/- (Rupees Two Lakh Twenty Five 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. 3 3. The Respondent-Insurance Company has agreed to deposit the said amount before the Tribunal, within six weeks from the date of preparation of Award, failing which the said amount shall carry interest at 9% per annum from the date of default, till the date of deposit. 4. Out of the enhanced compensation, a sum of Rs.75,000/- each shall be kept in fixed deposit in the name of the Appellant No.2 and 3 in any nationalized bank for a period of 5 years. The appellant No.1 is entitled to withdraw the interest on the said amount for the welfare of Appellant No.2 and 3. The balance amount of Rs.75,000/- shall be released in favour of the appellant No. 1. 5. This miscellaneous 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. JUDGE MEBEI RR