HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF JUNE 2022 CONCILIATORS PRESENT: THE HON’BLE MR. JUSTICE ASHOK S. KINAGI AND SRI. VIJAYKUMAR MAJAGE, MEMBER M.F.A.NO.1003/2019 (MV) (LOK ADALAT NO.1698/2022) BETWEEN: 1 . SMT. PARVATHAMMA AGED ABOUT 42 YEARS, W/O YOGESH, 2 . SMT. SHIVAKUMARAMMA AGED ABOUT 48 YEARS, W/O OMKARAPPA, BOTH ARE RESIDING AT NARAYANAPPA BUILDING, I BLOCK, 1ST STAGE, PEENYA, BENGALURU-560058. ...APPELLANTS (BY SRI. NAGARAJA REDDY D, ADVOCATE) AND: 2 1 . SRIRAM GENERAL INSURANCE CO. LTD., NO.5/4, 3RD FLOOR, SV ARCADE, BILEKAHALLI MAIN ROAD, BILEKAHALLI OFFICE, BG ROAD, IIM POST, BENGALURU-560076 REP. BY ITS MANAGER. 2 . GIRISH Y R MAJOR, S/O RAJEGOWDA, ANO.43, 13TH CROSS, CHOKKASANDRA, T.DASARAHALLI POST, BENGALURU-560057. …RESPONDENTS (BY SRI. B.C. SHIVANNE GOWDA, ADVOCATE FOR R-1) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 13.11.2018 PASSED IN MVC NO.5220/2017 ON THE FILE OF THE XXI ACMM & XXIII ASCJ, 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 for the appellants – claimants is present. The learned Counsel for the respondent – 3 Insurance Company, along with its representative are present. 2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate for the appellants–claimants and the learned advocate for the respondent–Insurance Company and its authorized officer (being authorized by the respondent to sign) is filed. The appellants–claimants have agreed to receive and the respondent-Insurance Company has agreed to pay a lumpsum of Rs.5,00,000/- (Rupees Five Lakh 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 a period of 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 4. Out of the enhanced compensation amount, Rs.3,00,000/- shall be released in favour of the appellants and remaining amount shall be kept in FD in favour of the appellants for a period of one year with liberty to the appellants to draw the quarterly interest on the said amount. 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 GRD