1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF JULY 2025 CONCILIATORS PRESENT: THE HON’BLE MR. JUSTICE G. BASAVARAJA & SRI. VIJAYAKUMAR MAJAGE, MEMBER M.F.A.No.4843/2022 (MV-D) (Lok Adalat No.6170/2025) BETWEEN 1. GAYATHRI W/O LATE CHANDRU AGED ABOUT 48 YEARS, 2. RASHMI D/O LATE CHANDRU AGED ABOUT 28 YEARS, 3. NITHIN C., D/O LATE CHANDRU AGED ABOUT 25 YEARS, ALL ARE R/AT NO.2070, 11TH CROSS, KUVEMPUNAGAR, CHANNAPATNA, RAMANAGARA TALUK-562160. ...APPELLANTS (BY SRI. SHANTHARAJ K., ADV.) AND 1. RAKESH P G S/O MADEGOWDA AGED MAJOR 2 R/AT NO.220, 4TH STAGE 2ND PHASE, BEML LAYOUT, PUTTAPPA GARDEN, R R NAGAR BENGALURU -560098 2. NEW INDIA ASSURANCE COMPANY LTD., BY ITS MANAGER NO.202, BRIGADE PLAZA NORTH WING 2ND FLOOR S C ROAD, ANANDA RAO CIRCLE BENGALURU -560009 …RESPONDENTS (BY SRI. B.R. VENKATESH KAMATH, ADV. FOR R2.) THIS MFA IS FILED U/S.173(1) OF MV ACT, AGAINST THE JUDGMENT AND AWARD DT. 24.12.2021 PASSED IN MVC NO.458/2017 ON THE FILE OF THE III ADDITIONAL DISTRICT AND SESSIONSJ UDGE, MEMBER, ADDITIONAL MACT, RAMANGARA, 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 - Claimants is present. 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/claimants and the learned advocate appearing for the respondent-Insurance Company and its authorized officer is filed. The appellant-claimants have agreed to receive and the 3 respondent -Insurance Company has agreed to pay a lump-sum of Rs.8,30,000/- (Rupees Eight Lakh Thirty 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. Out of the compensation, 50% of the amount with accrued interest, shall be disbursed to the Appellants on proper identification; and the balance 50% of the compensation amount with accrued interest shall be kept in Fixed Deposit in any Nationalized Bank of the choice of Appellant for a period of Five Years, under auto renewal scheme with liberty to the appellant / claimants to withdraw the 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 lnn