1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE 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 RAVI V. HOSMANI & SMT. MANJULA D., MEMBER M.F.A. No.2647/2023 (MV-I) (Lok Adalat No. 134/2025) BETWEEN: SRI M. MUNIRAJU, S/O LATE MUNIYAPPA, AGED ABOUT 37 YEARS, R/O THELAGARAHALLI GRAMA, KASABA HOBLI, ANEKAL TALUK BANGALORE RURAL DISTRICT …APPELLANT (BY SRI SATHISHA T., ADVOCATE) AND: 1 . THE MANAGER RELIANCE GENERAL INSURANCE COMPANY LTD NO.28, 5TH FLOOR, CENTENARY BUILDING, M G ROAD, BANGALORE-560001. 2 . SRI SANTHOSH R S/O RAJU, AGED IN MAJOR NO.45, 4TH MAIN ROAD, N R GARDEN, CHOLURUPALYA 2 MAGADI ROAD, BANGALORE-560023. …RESPONDENTS (BY SRI ASHOK N. PATIL, ADVOCATE) THIS MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 25.02.2016 PASSED IN MVC NO.5133/2014 ON THE FILE OF THE MEMBER, PRL. MACT, BENGALURU, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE THE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER Learned counsel appearing for appellant - claimant is present. The Learned counsel appearing for respondent – Insurance Company along with its representative are present. 2. After prolonged negotiations, matter is settled. A joint memo signed by learned advocate appearing for appellant/claimant (being authorized by appellant/claimant to sign) and learned advocate appearing for respondent-Insurance Company and its authorized officer is filed. Appellant-claimant has agreed to receive and respondent-Insurance Company has agreed to pay a lumpsum of Rs.10,00,000/- (Rupees Ten Lakhs), in addition to what has been awarded by Tribunal, in full and final settlement of claim. 3 3. Respondent - Insurance Company has agreed to deposit said amount before Tribunal within six weeks from date of preparation of award, failing which said amount shall carry interest at rate of 9% P.A. from the date of default, till date of deposit. 4. Out of enhanced compensation amount to be deposited by the Insurance Company, Rs.5,00,000/- (Rupees Five Lakhs) is directed to be invested in Fixed Deposit in name of appellant/claimant in any Nationalized Bank/Scheduled Bank/Post Office for a period of 3 years with liberty to appellant/claimant to withdraw interest periodically. Remaining amount of Rs.5,00,000/- is ordered to be released in favour of appellant – claimant, on proper identification. 5. This Miscellaneous First Appeal stands disposed of in terms of Joint memo. Judgment and Award of Tribunal shall stand modified accordingly. Draw up Award accordingly. Sd/- JUDGE Sd/- MEMBER AV