Research › Search › Judgment

High Court of Karnataka · body

2025 DAILYLAW 11533 (KAR)

VENKAREDDY @ YANKAREDDI v. AMARESH AND ORS

MFA/203237/2023 · 2025-03-08

Lok Adalath

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HIGH COURT LEGAL SERVICES COMMITTEE, KALABURAGI BEFORE THE LOK-ADALAT IN THE HIGH COURT OF KARNATAKA KALABURAGI BENCH DATED THIS THE 8TH DAY OF MARCH, 2025 CONCILIATORS PRESENT THE HON’BLE MR. JUSTICE VIJAYKUMAR A.PATIL AND SRI. LIYAQAT FAREED USTAD, MEMBER M.F.A. NO. 203237 OF 2023 (MV) Lok Adalat No.194/2025 BETWEEN: VENKAREDDY @ YANKAREDDI S/O CHANDRAPPA AGED ABOUT 55 YEARS, R/O WARD NO.1, K. HOSAHALLI VILLAGE, TQ: SINDHANUR, NOW R/O C/O HANUMANAGOUDA K.H.NO.6-1-73/37, VIJAYALAXMI LAYOUT, NEAR AME DENTAL COLLEGE, RAICHUR – 584101. ...APPELLANT (BY SRI B.R. MATH, ADVOCATE) AND: 1. AMARESH S/O DEVAPPA AGE: 38 YEARS, OCC: DRIVER OF CAR NO.KA-36/N-1898, R/O K. HOSAHALLI VILLAGE, TQ: SINDHANUR, DIST: RAICHUR – 584101. 2. PAMPAPATHI S/O CHANDRAPPA KESRATTI AGED ABOUT 42 YEARS, OCC: OWNER OF CAR NO.KA-36/N-1898, R/O K. HOSAHALLI VILLAGE, TQ: SINDHANUR, DIST: RAICHUR – 584101. 3. HDFC ERGO GENERAL INSURANCE CO. LTD. 1ST FLOOR, VIRUPAKSHKRUPA, OPP: IMS MAIN GATE, - 2 - R.B. ROAD, VIDYANAGAR, HUBLI – 580021. (POLICY NO.2311201559160100003 VALID FROM 15.11.2016 TO 21.08.2017). …RESPONDENTS (BY SMT. PREETI PATIL, ADV. FOR R3; NOTICE TO R1 & R2 DISPENSED WITH) THIS MFA IS FILED UNDER SECTION 173(1) OF THE MOTOR VEHICLES ACT, PRAYING TO MODIGY THE IMPUGNED JUDGMENT AND AWARD DATED 03.02.2023 PASSED BY THE II ADDL. DIST. & SESSIONS JUDGE AT RAICHUR, IN MVC NO.308/2018. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THIS DAY, THE FOLLOWING ORDER IS PASSED: CONCILIATION ORDER The learned counsel for the Appellant/Claimant 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 lump-sum of compensation of Rs.8,50,000/- (Rupees - 3 - Eight Lakhs Fifty 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. Out of the compensation awarded, 50% of the amount is ordered to be kept in fixed deposit in any nationalized bank or scheduled bank of claimant’s choice for a period of three years and the claimant would be entitled to withdraw periodical interest. Balance 50% of the amount is ordered to be paid to 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 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 - 4 - shall stand modified accordingly. Draw up the award accordingly. Sd/- (VIJAYKUMAR A. PATIL) JUDGE Sd/- (LIYAQAT FAREED USTAD) MEMBER NJ