1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL 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 VIJAYKUMAR A PATIL & SRI. M.N. UMASHANKAR, MEMBER M.F.A.No. 4020/2024 (MV) (Lok Adalat No. 695/2025) BETWEEN PUNEETH PATEL S/O SUBBEGOWDA, AGED ABOUT 24 YEARS R/O A GUGUGANAHALLY VILLAGE AMBUGA POST, SHANTHIGRAMA HOBLI, HASSAN TALUK – 573212. …APPELLANT (BY SRI RAVI M.M, ADVOCATE) AND 1 . KIRANGOWDA G.V. S/O VENKATARAMU, AGE MAJOR, R/O A GUDUGANAHALLY VILLAGE, AMBUGA POST, SHANTHIGRAMA HOBLI, HASSAN TALUK - 573212 (OWNER OF BIKE NO KA-13-ET- 3956) 2 2 . THE REGIONAL MANAGER CHOLAMANDALA GENERAL INSURANCE GOLDEN HEIGHTS COMPLEX, 15TH CROSS, 4TH BLOCK, RAJAJINAGAR, BENGALURU – 560 010 (POLICY NO 3397/01686377/000/00 VALID FROM 15.10.2020 TO 14.10.2021 …RESPONDENTS (BY SRI H S LINGARAJU, ADVOCATE FOR R-2) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 22.02.2024 PASSED IN MVC NO. 430/2022 ON THE FILE OF THE MEMBER, ADDITIONAL MACT, HASSAN, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION 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. 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 3 Company has agreed to pay a lump-sum of Rs.1,00,000/- (Rupees One Lakh 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. The entire enhanced compensation amount shall be released in favour of the appellant / claimant, on proper identification. 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 srk