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2025 DAILYLAW 80415 (KAR)

SRI. PARASHURAM Y @ PARASHURAM MUKHE v. THE ROYAL SUNDARAM GEN INSURANCE COMPANY LTD

MFA/3896/2023 · 2025-07-12

Lok Adalath

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

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 T M NADAF & MR. JAVEED S., MEMBER M.F.A.No.3896/2023 (MV-I) (Lok Adalat No.5435/2025) BETWEEN: SRI. PARASHURAM Y @ PARASHURAM MUKHE S/O LATE YELLAPPA AGED ABOUT 37 YEARS, RESIDING AT NO.195, 6TH MAIN ROAD PIPE LINE ROAD SRINIVASA NAGAR SUNKADAKATTE BANGALORE – 560 091 …APPELLANT (BY SRI. CHANNA GANGAIAH G H, ADVOCATE) AND: 1 . THE ROYAL SUNDARAM GEN INSURANCE COMPANY LTD HAVING ITS REGIONAL OFFICE VP-IV 1ST A CROSS, POLICE STATION ROAD, 1 STAGE, PEENYA INDUSTRIAL ESTATE BANGALORE – 560 058 2 POLICY NO.MOP5173272 (VALID FROM 02-08-2018 TO 01-08-2019) REP. BY ITS MANAGER 2 . MANJUNATHA P S/O PUNDALIKA RAO @ M PUNDALIKA RAO SHASTRY AGED ABOUT 37 YEARS R/AT NO.89/1, 14TH A MAIN ROAD, GOVINDARAJANAGAR BANGALORE – 560 040 …RESPONDENTS (BY SRI. RAVI S SAMPRATHI, ADVOCATE FOR R1) THIS MFA IS FILED UNDER SECTION 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 09.09.2022 PASSED IN MVC NO. 2065/2019 ON THE FILE OF THE XXI ADDITIONAL SMALL CAUSES JUDGE, ACMM, MEMBER, MACT BENGALURU SCCH-23 AND ALLOW THIS APPEAL BY ENHANCING THE COMPENSATION AS CLAIMED IN THE CLAIM PETITION. 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/s - Claimant/s is/are 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/s-claimant/s (being authorized by the appellant/s-claimant/s to sign) and the learned advocate 3 appearing for the respondent-Insurance Company and its authorized officer is filed. The appellant/s-claimant/s has/have agreed to receive and the respondent- Insurance Company has agreed to pay a lump-sum of Rs.1,25,000/- (Rupees One Lakh Twenty Five 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. The entire enhanced compensation amount shall be released in favour of the appellant/s- claimant/s, 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 TIN/-