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2025 DAILYLAW 53873 (KAR)

SRI. NARAYANASWAMY v. RELIANCE GENERAL INSURANCE COMPANY LTD.,

MFA/2584/2024 · 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 HON’BLE MR. JUSTICE V KAMESWAR RAO & MR. SHANTHI BHUSHAN H., MEMBER M.F.A.No. 2584/2024 (MV) (Lok Adalat No.205/2025) BETWEEN: SRI. NARAYANASWAMY, S/O NARAYANAPPA, AGED ABOUT 58 YEARS, R/AT JATHAVARA HOSAHALLI, JATHAVARA POST - 562 101, NANDI HOBLI, CHIKKABALLAPURA TALUK, CHIKKABALLAPURA DISTRICT. …APPELLANT (BY SRI. GIRIMALLAIAH, ADVOCATE) AND: 1 . RELIANCE GENERAL INSURANCE COMPANY LTD., BRANCH OFFICE, NO.20, EAST WING, 5TH FLOOR, CENTINARY BUILDING, M. G. ROAD, BANGALORE - 560 001. BY ITS MANAGER. 2 2 . MR. AMBARISH N. S/O NARAYANASWAMY K. M., MAJOR, SRIRAMAPURA POST - 562 103, KOLAVANAHALLI NANDI, CHIKKABALLAPURA DISTRICT. …RESPONDENTS (BY SRI. D. VIJAYAKUMAR., ADVOCATE FOR R1) THIS MFA IS FILED U/S.173(1) OF MV ACT, AGAINST THE JUDGMENT AND AWARD DATED 03.1.2024 PASSED IN MVC NO. 2815/2022 ON THE FILE OF THE MEMBER, MACT, XVIII ADDITIONAL JUDGE, COURT OF SMALL CAUSES, BENGALURU CITY (SCCH-4), 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 We mark the presence of Sri. Sandeep.S.K, Chief Legal Manager of respondent No.1-Insurance Company. 2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned counsel for the appellant/ claimant (being authorized by the appellant/claimant to sign) and by the Authorized Officer of respondent No.1, duly signed by its counsel is filed before the Lok Adalath. 3 3. The appellant-claimant has agreed to receive and the respondent-Insurance Company has agreed to pay a lump-sum of Rs.1,50,000/- (Rupees One Lakh Fifty Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 4. Respondent No.1-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 entire enhanced compensation amount shall be released in favour of the appellant/claimant, on proper identification. 6. It is clarified that the order of the Tribunal in respect of distribution of the compensation thereof has not been varied. 7. The Miscellaneous First Appeal stands disposed of in terms of the Joint memo. The Judgment and Award of the 4 Tribunal shall stand modified accordingly. Draw up the Award accordingly. Sd/- JUDGE Sd/- MEMBER PA