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 K.S. HEMALEKHA & SMT. SOHANI HOLLA, MEMBER M.F.A.No.5890/2018 (MV) (Lok Adalat No.116/2025) BETWEEN: THE BRANCH MANAGER, RELIANCE GIC LTD., 1ST FLOOR, KRUTHIKA ARCADE, NEAR N.R. CIRCLE, HASSAN TOWN, HASSAN DISTRICT. NOW REPRESENTED BY LEGAL MANAGER, RELIANCE GENERAL INSURANCE CO. LTD., REGIONAL OFFICE, 5TH FLOOR, CENTENARY BUILDING, NO.28, M.G. ROAD, BANGALORE-5600001. ... APPELLANT (BY SRI PRADEEP B., ADVOCATE) AND 1 . SMT. JAYANTHI .K W/O LATE PRABHAKAR, AGED ABOUT 36 YEARS, 2 . KUM. MAHALAKSHMI D/O LATE PRABHAKAR, AGED ABOUT 11 YEARS, 2 (PETITIONER IS MINOR, HENCE REPRESENTED BY HER NATURAL GUARDIAN, HER MOTHER SMT. JAYANTHI .K) 3 . SRI NANJEGOWDA S/O BETTEGOWDA AGED ABOUT 69 YEARS, 4 . SMT. SANNAMMA @ ARSAMMA W/O NANJEGOWDA, AGED ABOUT 61 YEARS, ALL ARE R/AT DODDERI VILLAGE, NUGGEHALLI HOBLI, CHANNARAYAPATNA TALUK, HASSAN DISTRICT-567200. 5 . SRI MANOHAR S/O SRIRAMULU, R/AT NO.#21/4, AJEEMA BUILDING, KALASIPALYAM, BANGALORE SOUTH, BENGALURU-02. …RESPONDENTS (BY SRI KUMAR H N., ADVOCATE FOR R1 AND R2) THIS MFA IS FILED UNDER SECTION 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 19.01.2018 PASSED IN MVC NO.450/2017 ON THE FILE OF THE 4TH ADDITIONAL DISTRICT & SESSIONS JUDGE, HASSAN DISTRICT (SIT AT CHANNARAYPATNA), AWARDING COMPENSATION OF RS.21,97,800/- WITH INTEREST AT 9% P.A. FROM THE DATE OF PETITION TILL REALIZATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED. CONCILIATION ORDER The learned counsel appearing for the appellants - Claimants is present. The 3 learned Counsel appearing for the Respondent – 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 appellants/claimants (being authorized by the appellants/claimants to sign) and the learned advocate appearing for the respondent-Insurance Company and its authorized officer is filed. The appellants-claimants have agreed to receive and the respondent -Insurance Company has agreed to pay a lump-sum of Rs.25,00,000/- (Rupees Twenty Five Lakhs only) instead of Rs.21,97,800/- with interest at 9% p.a 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. The apportionment, deposit and release of the modified compensation amount shall be made in terms of the Judgment and Award passed by the Claims Tribunal. 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 AT