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 CONCILIATOR PRESENT: THE HON’BLE MR. JUSTICE RAJESH RAI K & SMT. NALINA K, MEMBER M.F.A.No.4133/2025 (MV-D) (Lok Adalat No.8100/2025) BETWEEN THE MANAGER SHRIRAM GENERAL INSURANCE CO. LTD., NO.3/5, 3RD FLOOR, SV ARCADE, BILEKAHALLI MAIN ROAD OFF. B G MAIN ROAD, IIMB POST, BENGALURU-560 076. ...APPELLANT (BY. SRI. B. PRADEEP, ADVOCATE) AND 1 . SMT LAKSHMI W/O. LATE DEVARAJ AGED ABOUT 63 YEARS 2 . CHANDRASEKHAR, S/O. LATE DEVARAJ, AGED ABOUT 44 YEARS. 3 . SMT. PADMA, D/O. LATE DEVARAJ, AGED ABOUT 49 YEARS. 2 4 . SMT. K. NATHIYA, D/O. LATE DEVARAJ, W/O. KOTHANDARAMAN, AGED ABOUT 37 YEARS. ALL ARE R/AT H. NO. 37(1), KALAIMANI STREET, KARTHIKEYAN NAGAR, MADURAVOYAI, TIRUVALLUR, T.N-600 095 5 . UMASHEKHAR A.P. S/O. PUTTASWAMAIAH, AGED MAJOR, R/AT JOGIDODDI VILLAGE, YEREHALLI, RAMANAGARA TALUK DISTRICT-562159 (ABSENT) …RESPONDENTS (BY SRI. N.R RANGEGOWDA, ADVOCATE) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 31.12.2024 PASSED IN MVC NO. 182/2023 ON THE FILE OF THE CHIEF JUDGE, COURT OF SMALL CAUSES, MEMBER, PRL MACT, BENGALURU SCCH-1 AWARDING COMPENSATION OF RS.25,80,500/- WITH INTEREST AT 6 PERCENT P.A. FROM THE DATE OF PETITION TILL REALIZATION. 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/Insurance Company along with its representative are present. The learned counsel appearing for respondents No.1 to 4/claimants is present. 3 2. Though the matter was not listed either in settled list or fresh matters, since both the parties and their respective counsel are intended to settle their dispute amicably, the matter is taken up for conciliation. 3. After prolonged negotiations, the matter is settled. A joint memo signed by the learned counsel appearing for the respondents No.1 to 4/claimants (being authorized by the respondents No.1 to 4/claimants to sign) and the learned counsel appearing for the appellant/Insurance Company and its authorized officer is filed. The respondents No.1 to 4/claimants have agreed to receive and the appellant/Insurance Company has agreed to pay a lump-sum of Rs.27,50,000/- (Rupees Twenty Seven Lakhs Fifty Thousand only) including the Tribunal award amount, in full and final settlement of the claim. 4. The appellant/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% per annum from the date of default, till the date of deposit. The amount if any, deposited before this Court shall be transferred to the claims Tribunal. 4 5. The apportionment, deposit and release of the modified compensation amount shall be made in terms of the Judgment and Award passed by the Claims Tribunal. 6. 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 CR/HKV