Sri Kiran Kumar N vs Bajaj Allianz General Insurance Co Ltd
2023 Latest Caselaw 8386 Kant

Karnataka High Court

Sri Kiran Kumar N vs Bajaj Allianz General Insurance Co Ltd on 24 November, 2023

                                  1

HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU
            BEFORE THE LOK ADALAT

 IN THE HIGH COURT OF KARNATAKA AT BENGALURU

       DATED THIS THE 24TH DAY OF NOVEMBER 2023

                   CONCILIATORS PRESENT:

THE HON'BLE MR. JUSTICE T.G.SHIVASHANKARE GOWDA
                                  &
             SMT. K.T. PREMALATHA, MEMBER

                    M.F.A.No. 7864/2022 (MV)
                    (Lok Adalat No.2225/2023)

  BETWEEN:
  Sri. Kiran Kumar N.
  S/o Narayanappa,
  Aged about 24 years,
  R/at No.42, Rajeev Gandhi
  Nagara, Venkateshwara
  Tent Road, Devasandra
  Main Road, K.R. Puram,
  Bengaluru - 560 036.                               ...APPELLANT
                 (BY SRI. NAGARAJA M, ADVOCATE)
  AND
  1.     Bajaj Allianz General Insurance Co. Ltd.,
         Golden Heights, 4th Floor,
         No.1/2, 59th Cross, 4th 'M' Block,
         Rajajinagar,
         Bengaluru - 560 010,
         Rep. by its Manager.
                                         2

      2.     Anjanappa M.G.
             S/o Gopalappa G.S.,
             No.10, Priyadarshini Layout,
             Ramamurthy Nagara,
             Behind Christ King The School,
             Bengaluru-560 016.                         ...RESPONDENTS

(BY SRI. S. MAHESHWARA, ADVOCATE FOR R-1)

MFA FILED U/S 173 (1) OF MOTOR VEHICLES ACT AGAINST THE JUDGMENT AND AWARD DATED 19.10.2022 PASSED IN MVC NO. 5637/2019 ON THE FILE OF THE VII ADDL. SMALL CAUSES JUDGE AND ACMM, MEMBER, MACT-3, BENGALURU, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.

THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED.

CONCILIATION ORDER

The learned Counsel appearing for the Appellant - Claimant is present.

The learned Counsel appearing for the Respondent - Insurance Company

along with its representative are present.

2. After prolonged negotiations, the matter is settled. A joint memo signed

by the learned advocate appearing for the appellant/claimant (being authorized

by the appellant/claimant to sign) and the learned advocate appearing for the

respondent-Insurance Company and its authorized officer is filed. The

appellant-claimant has agreed to receive and the respondent-Insurance Company

has agreed to pay a lump-sum of Rs. 1,00,000/- (Rupees One Lakh only), in

addition to what has been awarded by the Tribunal, in full and final settlement

of the claim.

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 the rate of 9% P.A.

from the date of default, till the date of deposit.

4. The entire enhanced compensation amount shall be released in favour of

the appellant / claimant, on proper identification.

5. This Miscellaneous First Appeal stands disposed of in terms of the Joint

memo. The Judgment and Award of the Tribunal shall stand modified

accordingly. Draw up the Award accordingly.

Sd/-

JUDGE

Sd/-

MEMBER

Rbv*