M.F.A.No.2999/2023 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 K.S.MUDAGAL & SMT.P.V.KALPANA, MEMBER MISCELLANEOUS FIRST APPEAL No.2999/2023 (MV-I) (Lok Adalat No.5333/2025) BETWEEN: V VENKATARAMANA S/O. VELLEPU PULLAYYA AGED ABOUT 50 YEARS REPTD. BY HIS WIFE VALLEPU RAMA SUBBAMMA AGED ABOUT 46 YEARS AS NEXT FRIEND R/AT C/O. RAMESHREDDY HOUSE BILLAPURA VILLAGE, SARJAPURA HOBLI ANEKAL, BENGALURU NATIVE ADDRESS. 2-36, OBULA REDDYPALLI ANANTHAPUR DISTRICT, A.P - 515 581 ...APPELLANT (BY SRI SREENIVASAIAH A, ADVOCATE) AND: 1. SATISH S S/O. SIDDAREDDY VIA VARTHUR CHIKKANEKKUNDI KUSHALAPPA LAYOUT, R.T.NAGAR BENGALURU - 560 032 M.F.A.No.2999/2023 2 2. THE MANAGER ICICI LOMBARD GENERAL INSURANCE CO. LTD. NO.121, THE ESTATE BUILDING SHANKARANARAYANA BUILDING M.G. ROAD, BENGALURU - 560 001 … RESPONDENTS (BY SRI ASHOK N.PATIL, ADVOCATE FOR R2; NOTICE TO R1 IS DISPENSED WITH V/C/O DATED 09.08.2023) THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MV ACT PRAYING TO MODIFY THE JUDGMENT AND AWARD DATED 08.11.2022 PASSED IN MVC NO.4655/2019 ON THE FILE OF THE XXI ADDITIONAL SMALL CAUSES JUDGE AND A.C.M.M AND MEMBER/MACT, BENGALURU (SCCH-23) PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS MISCELLANEOUS FIRST APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER Learned Counsel for the appellant-claimant and Counsel for the respondent–Insurance Company along with its representative are present. 2. After negotiation, the matter is settled. A joint memo signed by learned Counsel appearing for the appellant/claimant (being authorized by the appellant/claimant to sign) and learned Counsel 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 M.F.A.No.2999/2023 3 Rs.9,90,000/- (Rupees Nine Lakhs Ninety 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. On such deposit, 50% of the amount shall be digitally released to next friend of claimant on furnishing required documents and 50% shall be invested in fixed deposit in any nationalized/scheduled bank for a period of five years. 5. The appeal stands disposed of in terms of the joint memo. The impugned judgment and award of the Tribunal shall stand modified accordingly. Draw award accordingly. Sd/- JUDGE Sd/- MEMBER KSR