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 CONCILIATORS PRESENT: THE HON’BLE MRS. JUSTICE ANU SIVARAMAN & SRI. H SHANTHI BHUSHAN, MEMBER M.F.A.No. 3245/2025 (MV) (Lok Adalat No. 6986/2025) BETWEEN: The Branch Manager Liberty General Insurance Co. Ltd., No.1, Alysa Building, 1st Floor Rear Portion Old No.28, New No.23, Richmond Road, Bengaluru 560 028 Nor rep by its The Manager The Liberty General Insurance Ltd., 21/15, The Landmark, 04th Floor, Near Trinity Metro, MG Road, Bengaluru-560 001. ...APPELLANT (By Sri. B Pradeep, Advocate) AND 1 . Smt. Suchitra W/o Late Sunder G 2 Now aged about 44 years. 2. Sriniketh S S/o Late Sunder G Aged about 19 years. 3. Srivishakh S, S/o Late Sunder G Aged about 12 years. Since the 3rd respondents is minors represented by the 1st respondent i.e., Smt Suchitra All are R/at No.C115 Commanders Glory Apartments Sy No.100, Singapura Vidyaranyapura Bengaluru-97. 4. Mr. Avinash N S/o K. Narayanaswamy, Now aged about 35 years R/at No.95, 1st Main. Vijaya Lakshmi Layout Chikkabanavara Post Abbigere, Bengaluru-560 090. RESPONDENTS (By Sri. : Naik Krishna Venkatraman, Advocate for R-1 and R-2) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 22.01.2025, PASSED IN MVC NO. 3087/2022 ON THE FILE OF THE XXI ADDITIONAL SMALL CAUSE JUDGE AND ACJM, MEMBER, MACT, BENGALURU(SCCH-23) AWARDING COMPENSATION OF RS.1,47,09,900/-WITH INTEREST AT 6 PERCENT P.A., FROM THE DATE OF PETITION TILL REALIZATION. 3 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 - Claimant is present through video conferencing/physical hearing. 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. 1,05,00,000/- (Rupees One Crore Five Lakh only), including the compensation 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 apportionment, deposit and release of the modified compensation amount shall be made in terms of the Judgment and Award passed by the Claims Tribunal. 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 RAK