1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF JULY 2025 CONCILIATORS PRESENT: THE HON’BLE MS. JUSTICE J.M.KHAZI & SMT. SOHANI HOLLA, MEMBER M.F.A.No. 6291/2022 (MV) (Lok Adalat No.6119/2025) BETWEEN: VASANTH KUMAR S/O SHIVAKUMARAIAH AGED ABOUT 25 YEARS R/A KAMPANAHALLI VILLAGE GANDAL POST HULIYAR HOBLI C N HALLI TOWN C N HALLI TALUK TUMKUR DISTRICT. ...APPELLANT (BY SRI. RAGHU R., ADVOCATE) AND 1 . THE MANAGER NEW INDIA ASSURANCE CO LTD., BRANCH OFFICE AT MAHALAXMI CHAMBERS NEAR TRINITY CIRCLE M G ROAD BANGALORE-560 001. 2 2 . MATHADI BASHA S/O KHAJAMOINUDDIN MAJOR R/A H.NO.15/81, GANDHINAGAR TANPATRI ANANTHAPUR-515 001. RESPONDENTS (BY SRI. : A. RAVISHANKAR, ADVOCATE FOR R-1) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 13.07.2022 PASSED IN MVC NO. 62/2020 ON THE FILE OF THE SENIOR CIVIL JUDGE AND MOTOR VEHICLES ACCIDENT CLAIMS TRIBUNAL, CHIKKANAYAKANAHALLI, 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 – Insurance Company along with its representative are present. 3 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 have agreed to receive and the respondent -Insurance Company has agreed to pay a lump-sum of Rs.6,30,000/- (Rupees Six Lakh Thirty 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. Out of the enhanced compensation amount, a sum of Rs4,00,000/- (Rupees Four Lakh only) shall be released in favour of the appellant / claimant, on proper identification, and the remaining amount shall be kept in fixed deposit with any Nationalized Bank/Scheduled Bank/Post Office for a period of 3 years with liberty to the appellant/claimant to withdraw the interest periodically. 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 ASN