1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24TH DAY OF APRIL 2025 CONCILIATORS PRESENT: THE HON’BLE SMT. JUSTICE LALITHA KANNEGANTI & SRI. RAVI. S. SAMPRATHI, MEMBER M.F.A.No.3242/2024 (MV) (Lok Adalat No.1934/2025) BETWEEN: SHIVAKUMAR. D, S/O. DEVARAJ, AGED ABOUT 36 YEARS, R/AT. 11/41, BAJAIAH PALEM, RATHNAGIRI, ANANTPUR, ANDRA PRADESH - 515 321. PRESENTLY RESIDING AT: C/O. SHIVALINGAIAH, AGED ABOUT 36 YEARS, ITI COLLEGE ROAD, BENKIPURA, MADHUGIRI TOWN, TUMAKURU DISTRICT - 572 123. ...APPELLANT (BY SRI. SATHISHA T, ADVOCATE) 2 AND: 1. BRANCH MANAGER, M/S. SHRIRAM GENERAL INSURANCE COMPANY LTD, NO.3/5, 3RD FLOOR, S V ARCADE, BELEKAHALLI, BANNERGHATTA MAIN ROAD, BENGALURU - 560 076. 2. RANGANATHA GOWDA .B .C, S/O. CHANDREGOWDA G, AGED ABOUT 43 YEARS, R/AT. GIDAGANAHALLI, MODALURU POST, KASABA HOBLI, SIRA TALUK, TUMAKURU DISTRICT - 572 137. …RESPONDENTS (BY SRI. B.C. SHIVANNE GOWDA, ADVOCATE FOR R1) THIS MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 10.04.2024 PASSED IN MVC NO.1242/2021 ON THE FILE OF THE IV ADDITIONAL DISTRICT AND SESSIONS JUDGE, TUMAKURU, SITTING AT MADHUGIRI, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: 3 CONCILIATION ORDER The learned Counsel appearing for the Appellant - Claimant 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/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 agreed to receive and the Respondent - Insurance Company has agreed to pay a lump- sum of Rs.14,83,698/- (Rupees Fourteen Lakhs Eighty Three Thousand Six Hundred and Ninety Eight Only) with interest 6% p.a. from the date of petition till the date of deposit, as against of Rs.10,23,898/- 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 4. The entire enhanced compensation amount shall be released in favour of the appellant / claimant, on proper identification. 5. This Miscellaneous First Appeal stands disposed of in terms of the Joint memo. Amount in deposit if any shall be transferred to the bank account. The Judgment and Award of the Tribunal shall stand modified accordingly. Draw up the Award accordingly. Sd/- JUDGE Sd/- MEMBER SHS