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High Court of Karnataka · body

2025 DAILYLAW 76667 (KAR)

SRI. SRINIVAS. N v. ICICI LOMBARD MOTOR INSURANCE COMPANY LTD.,

MFA/1381/2024 · 2025-09-13

Lok Adalath

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

M.F.A.No.1381/2024 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.1381/2024 (MV-I) (Lok Adalat No.279/2025) BETWEEN: SRI SRINIVAS. N S/O. NARAYANAPPA AGED ABOUT 41 YEARS R/AT NO.305, 11TH CROSS N.G.R. LAYOUT, ROOPENA AGRAHARA BOMMANAHALLI, BENGALURU - 560 068 …APPELLANT (BY SRI GIRIMALLAIAH, ADVOCATE) AND: 1. ICICI LOMBARD MOTOR INSURANCE COMPANY LTD., NO.121, ‘THE ESTATE’, 9TH FLOOR DICKENSON ROAD, M.G.ROAD BENGALURU - 560 042 BY ITS MANAGER 2. SMT.SARASWATHI. R W/O. RANGASWAMY MAJOR, NO.66/1, NANJUNDAPPA LAYOUT NEAR ROYAL BAKERY MANGAMMANAPALYA BENGALURU – 560 068 … RESPONDENTS (BY SRI.B C SHIVANNE GOWDA, ADVOCATE FOR R1) M.F.A.No.1381/2024 2 THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MV ACT PRAYING TO MODIFY THE JUDGMENT AND AWARD DATED 19.09.2023 PASSED IN MVC NO.468/2022 ON THE FILE OF THE VIII ADDITIONAL SCJ AND ACMM, MEMBER, MACT, BENGALURU, SCCH-5, 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 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. M.F.A.No.1381/2024 3 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, the entire enhanced compensation amount shall be released in favour of the appellant-claimant digitally on furnishing required documents. 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