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 DECEMBER 2025 CONCILIATORS PRESENT: THE HON’BLE MR. JUSTICE T.M. NADAF & SRI. I.S. PRAMOD CHANDRA, MEMBER M.F.A.No.2747/2024(MV-I) (Lok Adalat No.8533/2025) BETWEEN: MR. CHIDANANDAMURTHY. C., S/O CHANDRASHEKARAIAH, AGED ABOUT 23 YEARS, RESIDING AT: NO.3, 1ST CROSS, B.T.S. LAYOUT, ULLAL MAIN ROAD, BYADARAHALLI, BENGALURU NORTH, BENGALURU – 560 091. ...APPELLANT (BY SRI. GURUDEV PRASAD K.T., ADVOCATE) AND: 1. NEW INDIA INSURANCE CO., LTD., REP. BY ITS MANAGER, REGIONAL OFFICE, T.P. CLAIMS HUB, Digitally signed by DEEPU M Location: HIGH COURT OF KARNATAKA 2 2ND FLOOR, MAHALAKSHMI CHAMBERS, M.G. ROAD, BENGALURU – 560 001. 2. M/S. TARAKA INFOTECH PRIVATE LIMITED, REP. BY ITS MANAGER, NO.4, 1ST FLOOR, LAKSHMI SRINIVAS COMPLEX, 2ND CROSS, NANDAGOKULA LAYOUT, R.T. NAGAR POST, L.R. BANDE BUS STOP, FITNESS ACE, BENGALURU – 560 032. …..RESPONDENTS (BY SRI. A.M. VENKATESH, ADVOCATE FOR R1) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 02.12.2023 PASSED IN MVC NO. 96/2022 ON THE FILE OF THE XXII ADDITIONAL SCJ AND ACMM, MEMBER, MACT, BENGALURU, SCCH-24, 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. 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.1,75,000/- (Rupees One Lakh 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 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. The Judgment and Award of the Tribunal shall stand modified accordingly. Draw up the Award accordingly. Sd/- JUDGE Sd/- MEMBER TMP