HIGH COURT OF KARNATAKA
LOK ADALATH
MASTER H.HAMMED PASHA – Appellant
Versus
KASIMSAB S/O NABISAB – Respondent
The learned counsel for the appellant and the
representative of Respondent-Insurance Company along
with its counsel are present.
2.
After prolonged negotiations, the matter is settled.
The Appellant-claimant has agreed to receive and the
Respondent-Insurance Company has agreed to pay a
global compensation of Rs.65,000/-(Rupees Sixty 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. Same is accepted.
3.
The said amount shall be released in favour of the
claimant on proper identification.
4.
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
4
which the said amount shall carry interest at the rate of
9% p.a. from the date of default, till the date of deposit.
5.
The 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.
Sd/-
Sd/-
MEMBER
HMB
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