1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 08TH DAY OF MARCH 2025 CONCILIATORS PRESENT: THE HON’BLE MRS. JUSTICE K.S. HEMALEKHA & SRI. VIJAYAKUMAR. MAJAGE, MEMBER M.F.A.No. 682/2025 (MV) (Lok Adalat No.440/2025) BETWEEN: SRI RAKESH P, S/O PRAKASH, NOW AGED ABOUT 28 YEARS, R/A SUNKADADIMMANAPALAYA, MELANAHALLI, MADABAL HOBLI, MAGADI TALUK, RAMANAGARA DISTRICT- ...APPELLANT (BY SRI. RAGHU R., ADVOCATE) AND: 1 . THE MANAGER, THE ORIENTAL INS. CO. LTD., NO.44/45, LEO SHOPPING COMPLEX, RESIDENCY ROAD, BENGALURU- 560 001. 2 . MR. K.V. VENKATESH, S/O VENKATANARASAPPA, NO. 21, KURUBARAHALLI, TAVAREKERE, MAGADI MAIN ROAD, 2 BENGALURU RURAL DISTRICT- 562 130 …RESPONDENTS (BY SRI. JANARDHANA REDDY, ADVOCATE FOR R1) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED. 13.03.2024 PASSED IN MVC NO.4566/2020 ON THE FILE OF THE CHIEF JUDGE, MEMBER, PRINCIPAL M.A.C.T., COURT OF SMALL CAUSES, BENGALURU (SCCH-1), 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 The learned Counsel appearing for the Appellant - Claimant is present. The learned Counsel appearing for Respondent – Insurance Company along with its representative is 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 respondent-Insurance Company and its authorized officer is filed. The appellant- claimant has agreed to receive and the respondent-Insurance Company has agreed to pay a lump-sum of Rs.1,75,000/- (Rupees One Lakh Seventy Five Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 3 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 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 the Award accordingly. Sd/- JUDGE Sd/- MEMBER AT