SRI BASAVARAJU S v. ICICI LOMBARD GENERAL INSURANCE COMPANY LTD
MFA/915/2024 · 2025-09-13
Lok Adalath
body2025
DailyLaw.ai
[ 2025 DAILYLAW 81698 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 81698 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
M.F.A.No.915/2024
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.915/2024 (MV-I) (Lok Adalat No.6767/2025) BETWEEN:
SRI BASAVARAJU S S/O SIDDAPPA AGED ABOUT 37 YEARS R/AT NO.8, DODDABALLAPURA TALUK NALLENAHALLI, PURUSHANAHALLI BENGALURU RURAL – 561 204
...APPELLANT
(BY SRI BHOOTAIAH R, ADVOCATE) AND:
1.
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD.
NO.89, 2ND FLOOR, S V R COMPLEX HOSUR MAIN ROAD MADIVALA, BENGALURU – 560 068 REP. BY ITS MANAGER
2.
DIWAKAR M S/O MADHU SHETTY NO.01, 2ND MAIN, 9TH CROSS KANTEERAVANAGAR NANDINI LAYOUT BENGALURU – 560 096 … RESPONDENTS
(BY SRI ASHOK N PATIL, ADVOCATE FOR R1;
NOTICE TO R2 IS DISPENSED WITH V/C/O DATED 20.12.2024)
M.F.A.No.915/2024
2 THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF MV ACT PRAYING TO MODIFY THE JUDGMENT AND AWARD DATED 31.07.2023 PASSED IN M.V.C.NO.957/2021 ON THE FILE OF THE VI ASCJ AND ACMM, MACT, C/C XXII ADDITIONAL SCJ AND ACMM, MEMBER, MACT, BENGALURU, SCCH-24, 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.1,70,000/- (Rupees One Lakh Seventy Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim.
M.F.A.No.915/2024
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