Disposed

Narasimha Murthy B v. Icici Lombard Motor Insurance Company Ltd.

Karnataka HC14 Jul 2020MFA/9038/2019

Case brief

AI extract

What is this about?

In M.F.A. No. 9038/2019, the LOK ADALAT settled a miscellaneous first appeal regarding motor accident claim enhancement. The court approved a lump sum payment of Rs. 50,000 against the insurer's consent, modifying the Tribunal's original award.

What did the court decide?

Settlement of claim with Rs. 50,000 enhancement; Miscellaneous First Appeal disposed of; Tribunal award modified.

Narasimha Murthy B Vs Icici Lombard Motor Insurance Company Ltd. — Insurance | Karnataka HC (2020)

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HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 14^th DAY OF JULY, 2020

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CONCILIATORS PRESENT:

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THE HON’BLE MR. JUSTICE ALOK ARADHE

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SRI. VIJAYKUMAR A. PATIL, MEMBER

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M.F.A.No. 9038/2019 (MV) (Lok Adalat No. 576/2020)

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BETWEEN

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Narasimha Murthy B. S/o Ganganarasimhaiah, Aged about 48 years, R/o No.6, Kodihalli Village, Kanasawadi Post, Doddaballapura Taluk, Bengaluru Rural District-561 203.

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... Appellant

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(By Sri. Vijay Kumar T., Advocate)

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AND

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ICICI Lombard Motor Insurance Co. Ltd., By its Manager, No.89, SVR Complex, 2^nd Floor, Near Ayyappa Temple, Hosur Main Road, Madiwala, Bengaluru – 560 068.

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Yogi N. Gowda, Proprietor, M/s. Okas Electricals, No.12/676, 1^st Floor, 1^st ‘A’ Main Road, ‘D’ Block,

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2^nd Stage, Rajajinagar, Bengaluru-560 010. ... Respondents

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MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 28.06.2019 PASSED IN MVC NO. 7361/2016 ON THE FILE OF THE XXI ADDL. SMALL CAUSES JUDGE & XIX ACMM & MEMBER, MACT, (SCCH-23), BENGALURU, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.

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

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CONCILIATION ORDER

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The learned Counsel appearing for the Appellant - Claimant and the

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learned Counsel appearing for the first Respondent – ICICI Lombard

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General Insurance Company Limited, along with its representative are present through video conference.

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

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by the learned advocate appearing for the appellant (being authorized by the appellant to sign) and the learned advocate appearing for the first respondent - Insurance Company and its authorized officer is filed. The appellant-claimant

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has agreed to receive and the first respondent-Insurance Company has agreed to pay a lump-sum of Rs.50,000/- (Rupees Fifty Thousand only), in addition to

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what has been awarded by the Tribunal, in full and final settlement of the claim.

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The first 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%

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

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The entire enhanced compensation amount shall be disbursed in favour

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of the appellant – claimant, on proper identification.

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

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

Sd/-

JUDGE

Sd/MEMBER

Rbv

Narasimha Murthy B v. Icici Lombard Motor Insurance Company Ltd.

Case brief

What is this about?

What did the court decide?

Narasimha Murthy B v. Icici Lombard Motor Insurance Company Ltd.

Case brief

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