1 HIGH COURT LEGAL SERVICES COMMITTEE DHARWAD BENCH BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA DHARWAD BENCH DATED THIS THE 08TH DAY OF MARCH, 2025 CONCILIATORS PRESENT THE HON’BLE MR. JUSTICE C.M. POONACHA AND SHRI SANGRAM S.KULKARNI, MEMBER M.F.A. NO.100309/2021 (MV) LOK ADALAT NO.172/2025 BETWEEN: THE DIVISIONAL MANAGER, SHRIRAM GENERAL INSURANCE COM. LTD., V.A. KALBURGI SQUARE, PINTO ROAD, DESAI CROSS, DESHPANDE NAGAR, HUBBALLI, RAJASTHAN, REPRESENTED BY ITS AUTHORIZED SIGNATORY. ...APPELLANT (BY SRI NAGARAJ C.KOLLOORI, ADVOCATE) AND: 1. FAISALKHAN S/O. JABBERKHAN SOUDAGAR, AGE. 23 YEARS, OCC. BUSINESS, R/O. SHIVALINGA NAGAR, HAVERI, DIST. HAVERI, NOW AT JANNAT NAGAR, DHARWAD-580001. 2. SIRAJ S/O. ABDULMUNAF GOLASANGI, AGE. 41 YEARS, OCC. BUSINESS, R/O. AT. PO. SAVANUR, DIST. HAVERI-581118. …RESPONDENTS (BY SRI SIDDAPPA SAJJAN, ADVOCATE) 2 THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MOTOR VEHICLES ACT, 1988, PRAYING TO SET ASIDE THE JUDGMENT AND AWARD DATED 26.06.2020 PASSED IN MVC NO.773/2017 ON THE FILE OF THE II ADDITIONAL SENIOR CIVIL JUDGE AND MOTOR ACCIDENT CLAIMS TRIBUNAL, DHARWAD, AND THIS COURT MAY PASS ANY SUCH ORDERS AS DEEMS FIT UNDER THE FACTS AND CIRCUMSTANCE OF THE CASE, INCLUDING THE COSTS OF THE ABOVE PROCEEDINGS, IN THE INTEREST OF JUSTICE AND EQUITY. THIS MISCELLANEOUS FIRST APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT AFTER BEING REFERRED BY THE COURT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER The learned counsel for the claimant and the representative of Insurance Company along with its counsel are present. 2. After prolonged negotiations, the matter is settled. The claimant has agreed to receive and the Insurance Company has agreed to pay a global compensation of Rs.3,00,000/- (Rupees Three Lakh Only), as against what has been awarded by the Tribunal, in full and final settlement of the claim. A joint Memo is filed on behalf of the parties to this effect. Same is accepted. 3 3. The said amount shall be released in favour of the claimant. 4. The 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. 5. The Miscellaneous First Appeal stands disposed of in terms of the Joint Memo. The award of the Tribunal shall stand modified accordingly. Draw up the award accordingly. 6. Statutory amount in deposit, if any, is ordered to be transmitted to the concerned Tribunal forthwith for disbursement. Sd/- JUDGE Sd/- MEMBER CT: UMD. MRK