KARNATAKA HIGH COURT - PRINCIPAL BENCH AT BENGALURU
KRISHNAPPA M.B. @ KRISHNAMURTHY – Appellant
Versus
GOVINDAPPA – Respondent
The learned counsel for the appellant 3 claimant, and the
learned counsel appearing for the respondent - Insurance
Company along with its representative are present.
3
2.
After prolonged negotiations, the matter is settled.
A joint memo signed by the learned advocate appearing for the
appellant / claimant (being authorised by the appellant/claimant
to sign) and the learned advocate appearing for the respondent-
Insurance Company and its authorised officer is filed. The
appellant - claimant has agreed to receive and the respondent 3
Insurance Company has agreed to pay a lumpsum of
Rs.3,52,000/-(Rupees Three Lakh Fiftytwo Thousand only) in
addition to what has been awarded by the Tribunal as 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 9% per annum from the date of
default, till the date of deposit.
4.
The entire enhanced compensation amount shall be
released in favour of the appellant 3 claimant, on proper
identification.
4
5.
The Miscellaneous First Appeal stands disposed of i
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