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2025 DAILYLAW 41669 (KAR)

SRI K T VENKATESH v. SRI PRASHANTH

MFA/1352/2023 · 2025-08-22

Lok Adalath

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22ND DAY OF AUGUST 2025 CONCILIATORS PRESENT: THE HON’BLE SRI. JUSTICE RAJESH RAI .K, & SMT.NALINA.K, MEMBER M.F.A.No.1352/2023 (MV) (Lok Adalat No.6723/2025) BETWEEN: SRI. K.T.VENKATESH S/O THIMMAPPA, AGED ABOUT 32 YEARS, AGRICULTURIST AND MILK VENDOR, R/O CHIKKAPURA, GOLALRAHATTI VILLAGE, CHITRADURGA TALUK. ...APPELLANT (BY SRI.CHETHAN.D.T, ADVOCATE) AND 1 . SRI. PRASHANTH S/O BALAKRISHNA, MAJOR, OWNER OF CAR BEARING REG. NO. KA -02-AF-5789, R/O NO.49, 1ST CROSS, 2 JANATHA COLONY, NAGARABHAVI, BENGALURU-560072. 2 . THE BRANCH MANAGER BRANCH OFFICE, ROYAL SUNDARAM ALLIANCE, INSURANCE COMPANY LTD., RANGANATHA COMMERCIAL CIRCLE, SHIVAMURTHY CIRCLE, KUVEMPU ROAD, SHIVAMOGGA. POLICY ISSUING OFFICE:- ROYAL SUNDARAM ALLIANCE, GENRAL COMPANY LTD., NO.2/319, RAJIV GANDHI SALARI (OMR), KARAPAKKAM, CHENNAI- 600097. RESPONDENTS (BY SRI. RAVI S. SAMPRATHI, ADVOCATE FOR RESPONDENT NO.2) MFA FILED U/S 173(1) OF MV ACT, AGAINST THE JUDGMENT AND AWARD DATED 18.05.2018 PASSED IN MVC NO.322/2017 ON THE FILE OF THE PRL. SENIOR CIVIL JUDGE AND MACT, CHITRADURGA, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: 3 CONCILIATION ORDER The learned Counsel appearing for the Appellant - Claimant is present. The learned Counsel appearing for the 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.20,000/- (Rupees Twenty Thousand 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, 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. 4 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 SRK