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 MRS. JUSTICE LALITHA KANNEGANTI & SRI. RAVI S. SAMPRATHI, MEMBER M.F.A.No.740/2024 (MV-D) (Lok Adalat No.3975/2025) BETWEEN: THE MANAGER BAJAJ ALLIANZ GIC LTD, MANGALORE BRANCH DAKSHINA KANNADA DISTRICT, NOW REP BY ITS REGIONAL MANAGER M/S BAJAJ ALLIANZ GIC LTD, NO 1/2, GOLDEN HEIGHTS, 4TH FLOOR, 59TH C CROSS, 4TH M BLOCK, RAJAJINAGAR BANGALORE -10 ...APPELLANT (By Sri. Pradeep B., Advocate) AND 1 . H.J.SOMAIAH S/O LATE JOYAPPA, AGED ABOUT 51 YEARS, SUPERINTENDENT OF POSTS, KODAGU POSTAL DIVISION, 2 MADIKERI 2 . SMT.PUSHPA K.A. W/O H.J.SOMAIAH, AGED ABOUT 50 YEARS, 3 . KUMARI SHEETAL S., D/O H.J.SOMAIAH, AGED ABOUT 24 YEARS, ALL ARE R/AT NO.692, HARSHA NILAYA, 2ND BLOCK, BASAVESHWARA LAYOUT, MULLUSOGE KUSHALNAGAR, PRESENT R/AT YAVAKAPADI VILLAGE, KAKKABE MADIKERI 4 . VASU POOJARI S/O THANIYA POOJARI, KONAJE, MANGALORE, DAKSHINA KANNADA DISTRICT 5 . DOCTOR SHASHIDHAR D.R. S/O RAMACHANDRA RAO, MAJOR R/AT NO 4-55/C, ENGINEERING COLLEGE ROAD, NADUPADAVU KONJE -574 199 ….RESPONDENTS (By Sri. S. Yathiraj, Advocate for R-1 to R-3) THIS MFA FILED U/S.173(1) OF MV ACT, AGAINST THE JUDGMENT AND AWARD DT.17.11.2023 PASSED IN MVC NO.46/2022 ON THE FILE OF THE II ADDITIONAL DISTRICT AND SESSIONS JUDGE AND MACT, KODAGU, MADIKERI, SITTING AT VIRAJPET, AWARDING COMPENSATION OF RS.32,34,872/- WITH INTEREST AT 6 PERCENT P.A. 3 FROM THE DATE OF PETITION TILL REALIZATION OF ENTIRE AMOUNT. 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 – Insurance Company along with its representative are present. is present. The learned Counsel appearing for the Respondents – claimants is present. 2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate appearing for the Respondents/claimants (being authorized by the Respondents/claimants to sign) and the learned advocate appearing for the appellant-Insurance Company and its authorized officer is filed. The appellant-Insurance Company have agreed to pay and the respondents - claimants have agreed to receive a sum of Rs.28,34,872/- (Rupees twenty eight lakhs thirty four thousand eight hundred and seventy two only) with interest at 6% p.a. instead of Rs.32,34,872/- with interest at 6% p.a. awarded by the Tribunal, in full and final settlement of the claim. 3. The Appellant - Insurance Company has agreed to deposit the said amount before the Tribunal within six weeks from the date of preparation of 4 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 Respondents – claimants, on proper identification. The amount if any deposited before this Court shall be transferred to the Claims Tribunal. 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