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. 5999/2019 (MV) (Lok Adalat No.153/2025) BETWEEN: 1. SMT VIJAYA W/O RAMASWAMY H.S. AGED ABOUT 52 YEARS R/AT NO.1/2, 1ST G MAIN ROAD, GORAGUNTEPALYA, BENGALURU NORTH, YESHAWANTHPURA, BENGALURU-22. 2. VANISHREE .R D/O RAMASWAMY .H.S AGED ABOUT 28 YEARS, R/AT NO.1/1, VIJAYA, 1ST MAIN ROAD, 8TH CROSS, POOJAMMA TEMPLE ROAD, NEAR K K STROES, GORAGUNTEPALYA, BENGALURU NORTH, YESHWANTHPURA, BENGALURU-22. 3. MALASHREE .R D/O RAMASWAMY H.S. AGED ABOUT 27 YEARS, R/AT NO.1/4, 1ST G MAIN ROAD, POJAMMA TEMPLE ROAD, GORAGUNTEPALYA, 2 BENGLAURU NORTH, YESHWANTHPURA, BENGALURU-22. 4. SRI CHETHAN .R S/O RAMASWAMY .H.S AGED ABOUT 25 YEARS, R/AT NO.1/1, 1ST MAIN ROAD, 8TH CROSS, GORAGUNTEPALYA, BENGALURU NORTH, YESHAWANTHPURA, BENGALURU-22. PERMANENT ADDRESS OF ALL PETITIONERS: NO.04, 1ST MAIN ROAD, BASAPPANAKATTE, KASTHURI LAYOUT, RAJAGOPAL NAGAR, PEENYA 2ND STAGE, BENGALURU-58. ... APPELLANTS (BY SRI SHRIPAD V. SHASTRI, ADVOCATE) AND: 1 . THE NEW INDIA ASSURANCE CO. LTD., OFFICE AT: BENGALURU CITY D.O. XII (672300) BRANCH, 1ST FLOOR, MAYUR COMPLEX, KIADB MAIN ROAD, PEENYA, BENGALURU-58. 2 . SRI. CHANNAGIRI H.M. S/O MARIYAPPA R/AT NO.9, 6TH A CROSS, OM SHAKTHI TEMPLE ROAD, SANJEEVINI NAGAR, 3RD STAGE, HEGGANAHALLI CROSS, VN-P BENGALURU-91. 3 . DHANAJAYA .C S/O CHANDRAPPA R/AT 22/1, AROGANAHALLI, SIRA TALUK, TUMKUR DIST. … RESPONDENTS (BY SRI A.M. VENKATESH, ADVOATE FOR R-1) 3 THIS MFA IS FILED U/S 173(1) OF MV ACT AGAIN THE JUDGMENT AND AWARD DATED 06.07.2018 PASSED IN MVC NO.4928/2017 ON THE FILE OF THE XIII ADDITIONAL JUDGE, COURT OF SMALL CAUSES AND MEMBER OF MACT, BENGALURU, 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 Appellants - Claimants is present. The learned Counsel appearing for the Respondent – Insurance Company along with its representative are present. 2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate appearing for the appellants/claimants (being authorized by the appellants/claimants to sign) and the learned advocate appearing for the respondent-Insurance Company and its authorized officer is filed. The appellants-claimants have agreed to receive and the respondent -Insurance Company has agreed to pay a lump-sum of Rs. 15,00,000/- (Rupees Fifteen Lakhs only), in addition to what has been awarded by the Tribunal, in 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, 4 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. Out of the enhanced compensation amount to be deposited by the Insurance Company, Rs.7,50,000/- is directed to be invested in Fixed Deposit in favour of the appellants – claimants in terms of the apportionment made by the claims Tribunal, in any Nationalized Bank/Scheduled Bank/Post Office for a period of 3 years with liberty to the appellant/claimant to withdraw the interest periodically. The remaining amount of Rs.7,50,000/- is ordered to be released in favour of the appellants – claimants, in terms of the apportionment made by the claims Tribunal, 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