- 1 - HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 26TH DAY OF APRIL, 2025 CONCILIATORS PRESENT: THE HON’BLE MR. JUSTICE SREENIVAS HARISH KUMAR & SRI M.N.UMASHANKAR, MEMBER M.F.A.NO.1809/2023(MV) (Lok Adalat No. 2037/2025) BETWEEN Ravi S S/o Somanna Aged about 23 years R/at Duggahatti village Honnur post, Yalandur Taluk Chamarajanagara District-571313 ...Appellant (By Sri Sanath Kumara K M, Advocate) AND 1. K.Mahadevaswamy S/o K.Kempaiah, Major R/at No.162, Ambedkar New Street Duggahatti village, Honnur Post Yalanduru Taluk Chamarajanagara District-571313 2. The Divisional Manager The Oriental Insurance Co. Ltd., Saraswathipuram, Mysuru-571009 …Respondents (By Sri Janardhan Reddy, Advocate for R2) This MFA filed u/s 173(1) of MV Act against the judgment and award dated 15.11.2022 passed in MVC No.112/2021 on the file of the Additional Senior Civil Judge and MACT, - 2 - Chamarajanagara 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 Learned counsel appearing for the appellant- claimant is present. 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.8,25,000/- (Rupees Eight Lakhs Twenty Five Thousand), 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. - 3 - 4. Out of the enhanced compensation amount, a sum of Rs.4,00,000/- shall be released in favour of the claimant on proper identification and the remaining amount shall be kept in FD in any nationalized bank for a period of three years. The appellant is at liberty to draw the periodical interest accrued on the FD amount. 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 Award accordingly. Sd/- JUDGE Sd/- MEMBER KMV