1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE 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 C. M. JOSHI & SRI. RAJASHEKAR. K, MEMBER M.F.A.No.338/2024 (MV-D) (Lok Adalat No.5210/2025) BETWEEN: SMT. PREETHI, W/O LATE RAVI KUMAR, D/O SURESH, AGED ABOUT 26 YEARS, R/AT KARNAKUPPE VILLAGE, HANAGODU HOBLI, HUNSURU TALUK, MYSURU-571 105. ...APPELLANT (BY SRI. SYED ABDUL SABOOR, ADVOCATE) AND: 1 . SRI. SRINATH B.R, S/O LATE RAJEGOWDA, AGED ABOUT 42 YEARS, R/AT P BASAVANAHALLI VILLAGE, PUNDADAHALLI POST, HARANAHALLI HOBLI, PERIYAPATNA TALUK, 2 MYSURU DISTRICT-571107. 2 . MANAGER, ICICI LAMBORD GENERAL INSURANCE CO LTD., MYTHRI ARCADE, IST MAIN ROAD, SARASWATHIPURAM, MYSURU-570 009. ….RESPONDENTS (BY SRI. KRISHNA KISHORE S, ADVOCATE FOR R-2) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 03.10.2023 PASSED IN MVC NO.1251/2022 ON THE FILE OF THE PRL. JUDGE, COURT OF SMALL CAUSES, AS A PRESIDING OFFICER, MACT, MYSURU, 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: 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. 3 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 Ltd., 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.7,25,000/- (Rupees Seven Lakh Twenty Five Thousand Only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. Out of which 50% shall be kept in Fixed Deposit and rest of the amount shall be released to the petitioner. 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. The apportionment, deposit and release of the enhanced compensation amount shall be made in terms of the Judgment and Award passed by the Claims Tribunal. 4 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 SHS