M.F.A.No.3865/2023 1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 13TH DAY OF SEPTEMBER 2025 CONCILIATORS PRESENT: THE HON’BLE MRS. JUSTICE K.S.MUDAGAL & SMT.P.V.KALPANA, MEMBER MISCELLANEOUS FIRST APPEAL No.3865/2023 (MV-I) (Lok Adalat No.8055/2025) BETWEEN: SREEKAR Y S/O Y VENUGOPAL RAO AGED ABOUT 23 YEARS R/AT NO.11, GROUND FLOOR KUMARA KRUPA MATHUGADAHALLI MAIN ROAD MILK COLLECTION CENTRE SHIVAKOTE, BENGALURU - 560 089 ...APPELLANT (BY SRI NAIK KRISHNA VENKATRAMAN, ADVOCATE) AND: 1. THE MANAGER ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED MVC HUB, NO.43, HOSTO CENTER 1ST FLOOR MILLERS ROAD VASANTH NAGAR, BANGALORE - 52 POLICY ISSUED BY ITS OFFICE IN POLICY NO. N97111383 DATE OF VALIDITY FROM 05.01.2021 TO 04.11.2022 M.F.A.No.3865/2023 2 2. MR B.H.SRIDHAR S/O BARGUR HANUMAIAH MAJOR R/AT NO.218, 8TH MAIN, 1ST BLOCK HRBR LAYOUT, KALYANAGAR, BANGALORE- 43 (RC OWNER OF THE CAR BEARING REGISTRATION NO. KA-03-NH-9169) … RESPONDENTS (BY SRI B PRADEEP, ADVOCATE FOR R1) THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MV ACT PRAYING TO MODIFY THE JUDGMENT AND AWARD DATED 15.03.2023 PASSED IN MVC NO.3598/2021 ON THE FILE OF THE IX ADDITIONAL SMALL CAUSES JUDGE, COURT OF SMALL CAUSES, MEMBER, MACT-7, BENGALURU (SCCH-7), PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS MISCELLANEOUS FIRST APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER Learned Counsel for the appellant-claimant and Counsel for the respondent–Insurance Company along with its representative are present. 2. After negotiation, the matter is settled. A joint memo signed by learned Counsel appearing for the appellant/claimant (being authorized by the appellant/claimant to sign) and learned Counsel appearing for the respondent- Insurance Company and its authorized officer is filed. The appellant-claimant has agreed to receive and the respondent- Insurance Company has agreed to pay a lump-sum of M.F.A.No.3865/2023 3 Rs.2,75,000/- (Rupees Two Lakhs Seventy Five 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. On such deposit, the entire enhanced compensation amount shall be released in favour of the appellant-claimant digitally on furnishing required documents. 5. The appeal stands disposed of in terms of the joint memo. The impugned judgment and award of the Tribunal shall stand modified accordingly. Draw award accordingly. Sd/- JUDGE Sd/- MEMBER KSR