- 1 - HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF MARCH, 2025 CONCILIATORS PRESENT: THE HON’BLE MR. JUSTICE SREENIVAS HARISH KUMAR & SRI M.N.UMASHANKAR, MEMBER M.F.A.NO. 311 OF 2025 (MV) (Lok Adalat No.446/2025) BETWEEN Akshay Jadav K., S/o Kiran Kumar, Aged about 31 years, R/at No.220-B, Gunjuru, Gunjuru, Bengaluru South, Bengaluru-560087. ...Appellant (By Sri Vijay Kumar T., Advocate) AND 1. Bajaj Allianz General Insurance Company Limited, By its Manager, No.31, Ground Floor, TBR Tower, 1st Cross, New Mission Road, Near Bengaluru Stock Exchange, Bengaluru-560027. 2. Narayana Reddy, S/o Venkatarama Reddy, Aged Major, No.784/133/68, 1st Main, 1st Cross, New Rajanna Horamavu LO, Bengaluru-560043. …Respondents - 2 - (By Sri Pradeep B., Advocate for R1) This MFA filed u/s 173(1) of MV Act against the judgment and award dated 03.11.2023 passed in MVC No.7676/2017 on the file of the XIII Additional Small Causes Judge, ACMM, Court of Small Causes and Member, MACT-15, Bengaluru (SCCH-15), partly allowing the claim petition for compensation and seeking enhancement of compensation. This Appeal coming on for conciliation before National Lok Adalat, the following conciliation order is passed. CONCILIATION ORDER Learned counsel for the appellant-claimant and the representative of the first respondent- insurance company and its counsel 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 first respondent-insurance company and its authorized officer is filed. The appellant-claimant has agreed to receive and the first respondent- insurance company has agreed to pay a lump-sum of Rs.1,00,000/- (Rupees One Lakh), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 3. The first respondent-insurance company has agreed to deposit the said amount before the - 3 - 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 award accordingly. Sd/- JUDGE Sd/- MEMBER CKL CT: BL