HIGH COURT LEGAL SERVICES COMMITTEE DHARWAD BENCH BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA DHARWAD BENCH DATED THIS THE 12TH DAY OF JULY, 2025 CONCILIATORS PRESENT THE HON’BLE MR. JUSTICE RAJESH RAI K AND SHRI M.C.HUKKERI, MEMBER M.F.A.No.104792/2024 (MV) LOK ADALAT No.465/2025 BETWEEN: BABURAV S/O. RAMU BABAR AGE: 67 YEARS, OCC: COLLIE, R/O: RASING, TAL - HUKKERI, DIST: BELAGAVI NOW AT C/O. NAMDEV PAVALE, HONAGA, BELAGAVI-591113. ... APPELLANT (BY SHRI. PRASHANT MATHAPATI, ADVOCATE) AND: 1 . M/S VENTURE SUPPLY CHAIN PVT. LTD. MPH-5950 , G/F BLOCK, K-2 , K.H.NO 831, MAHIPALPUR ACE, NEW DELHI-110037. (OWNER OF TATA CONTAINER TRUCK BEARING REGN.NO.NL-01/AC-3777) 2 2 . NEW INDIA ASSURANCE CO. LTD R/BY THE DIVISIONAL MANAGER, BELAGAVI, D.O. AT. MUDALAGI BUILDING, CLUB ROAD, BELAGAVI-590001. (INSURER OF TATA CONTAINER TRUCK BEARING REGN NO.NL-01/AC-3777) …RESPONDENTS (BY SHRI. MADHUKESHWAR DESHPANDE, ADVOCATE FOR R2; NOTICE TO R1 DISPENSED WITH) THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MOTOR VEHICLES ACT, 1988 AGAINST THE JUDGMENT AND AWARD DATED 24.04.2024 PASSED IN MVC NO.2040/2022 ON THE FILE OF THE VIII ADDITIONAL DISTRICT JUDGE AND IX ADDITIONAL MOTOR ACCIDENT CLAIMS TRIBUNAL, BELAGAVI, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS MFA COMING ON FOR CONCILIATION BEFORE LOK ADALAT AFTER BEING REFFERED BY THE COURT, THE FOLLOWING CONCILIATION ORDER IS PASSED: 3 CONCILIATION ORDER Learned counsel for claimant and representative of respondent No.2-Insurance Company along with its counsel are present. 2. After prolonged negotiations, matter is settled. Claimant has agreed to receive and the respondent No.2- Insurance Company has agreed to pay a global compensation of Rs.1,60,000/- (One Lakh Sixty Thousand Rupees only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. A joint Memo is filed on behalf of the parties to this effect. Same is accepted. 3. Respondent No.2-Insurance Company has agreed to deposit the said amount before 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. On deposit, the entire amount shall be released in favour of claimant forthwith. 4 5. Miscellaneous First Appeal stands disposed of in terms of Joint Memo. Award of Tribunal shall stand modified accordingly. Draw up the award accordingly. Sd/- JUDGE Sd/- MEMBER PJ CT:ANB