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2025 DAILYLAW 51434 (KAR)

SRI HARSHAVARDHAN REDDY T v. SHRIRAM GENL INS CO LTD

MFA/343/2025 · 2025-04-26

Lok Adalath

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 26TH DAY OF APRIL 2025 CONCILIATORS PRESENT: THE HON9BLE SMT. JUSTICE LALITHA KANNEGANTI & SRI. RAVI S. SAMPRATHI, MEMBER M.F.A.No.343/2025 (MV-I) (Lok Adalat No.3842/2025) BETWEEN: SRI. HARSHAVARDHAN REDDY T., S/O VENKATA REDDY, AGED ABOUT 41 YEARS, R/AT NO.91, MEGANAPALYA, CHELIKERE, KALYANANAGARA, BENGALURU 3 560 085. ...APPELLANT (By Sri. Gurudev Prasad K.T., Advocate) AND 1 . SHRIRAM GENL.INS.CO.LTD., REP. BY ITS MANAGER, REGIONAL OFFICE, NO.4/5, S.V. ARCADE, 3RD FLOOR, BILEKAHALLI MAIN ROAD, BENGALURU 3 560 076. 2. SRI.K.N.MAHESH., S/O LATE.NANJUNDAPPA, AGED ABOUT 38 YEARS, 2 KUNTANAHALLI VILLAGE, KASABA HOBLI, DODDABALLAPUR TALUK, BENGALURU RURAL DISTRICT. PIN 3 561 203. &.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 03.10.2024 PASSED IN MVC NO.4412/2017 ON THE FILE OF THE XIII ADDITIONAL SMALL CAUSES JUDGE, ACJM, COURT OF SMALL CAUSES AND MEMBER, MACT-15, BENGALURU (SCCH-15), 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 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 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 3 has agreed to pay a lump-sum of Rs.80,000/- (Rupees eighty 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. Entire Enhanced compensation amount is ordered to be released in favour of the appellant 3 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 TS