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 MR. JUSTICE MOHAMMAD NAWAZ & SRI. P. D. SUBRAHMANYA, MEMBER M.F.A.No. 6113/2022 (MV) (Lok Adalat No. 2043/2025) BETWEEN: SRI CHANDRU S/O MALLESHA SHETTY AGED ABOUT 17 YEARS (MINOR) REP BY HIS GUARDIAN MOTHER RENUKAMMA R/AT UMMATHHURU UPPAR STREET, CHAMARAJANAGARA TALUK, AND DISTRICT 571 124 ...APPELLANT (BY SRI. SYED ABDUL SABOOR., ADVOCATE) AND: 1 . SRI PRAKASHA N S/O NANJUNDASWAMY, AGED ABOUT 31 YEARS, R/AT 15, LINGAYITHA STREET, BADANAVALU VILLAGE, NANJANGUD TALUK 2 MYSURU DISTRICT 571 301 2 . THE BRANCH MANAGER SUB DIVISION OFFICE, MAGMA H.D.I GENERAL INSURANCE CO., LTD 71, 1st FLOOR, B.S.T ARCADE, SAHUNKAR CHENNAIAH ROAD, ABOVE PNB SARASWATHIPURAM, MYSURU 570 009 ...RESPONDENTS (BY SRI. B. PRADEEP, ADVOCATE FOR R-2; R1 IS D/W) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 22.02.2022 PASSED IN MVC NO.269/2020 ON THE FILE OF THE IV ADDITIONAL DISTRICT JUDGE AND MACT, MYSURU, 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 through video conferencing/Physical Hearing. The 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 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 has 3 agreed to receive and the respondent-Insurance Company has agreed to pay a lump- sum of Rs.2,00,000/- (Rupees Two Lakh 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. Since the appellant – claimant is minor the entire enhanced compensation amount shall be kept in Fixed Deposit in his name in any Nationalized / Scheduled Bank till he attains the majority with liberty to the minor guardian to withdraw the accrued interest periodically. 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 LDC