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2025 DAILYLAW 82293 (KAR)

P VENKATESH @ PEDDAREDDY v. THE REGIONAL MANAGER

MFA/5977/2024 · 2025-09-13

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 13TH DAY OF SEPTEMBER, 2025 CONCILIATORS PRESENT THE HON’BLE MR. JUSTICE JAYANT BANERJI & MR.H.PAVANA CHANDRA SHETTY., MEMBER M.F.A.No.5977/2024 (Lok Adalat No.5930/2025) BETWEEN P.VENKATESH @ PEDDAREDDY, VENKATESH, S/O P.HARI @ PEDDAREDDY HARISH, AGED ABOUT 31 YEARS, PRESENTLY R/AT: NO.4, 27, TEMPLE STREET, KADARI, ANANTHPUR, ANDHRA PRADESH-515 501. ...APPELLANT (BY SMT.SUSHMITHA GOPAL, ADVOCATE) AND 1 . THE REGIONAL MANAGER ROYAL SUNDRAM ALLIANCE INSURANCE CO. LTD., I & II FLOORS, SREE BALAJI, SOVEREIGN, BRIGADE ROAD, BENGALURU-560 001, REP. ITS MANAGER. 2 2 . MR.SHAIK NAWAZ ALI, S/O KHADER VALLI, MAJOR IN AGE, RESIDING AT D.NO.12 207, AGARTH STREET, MADANAPALLI, ANDHRA PRADESH-517 325. 3. MR.MIRJA KHADEER BASHA, S/O MIRIJA MAHABOOB BASHA, MAJOR IN AGE, RESIDING AT NO.17-2-4, VADDIPALLI ROAD, MADANAPALLI, CHITTOOR, ANDHRA PRADESH-517 325. 4. THE REGIONAL MANAGER, NATIONAL INSURANCE CO. LTD., NO.144, M.G.ROAD, BANGALORE-560 001, REP. BY ITS MANAGER. 5. MR.BALA KRISHNA MOMMADI, S/O VENKATACHALAPATHI.M, MAJOR IN AGE, NO.395/A, SUNNANPALLI, MAHAMMADABAD CROSS, OBULADEVARA CHERUVU, KADRI, ANANTHAPUR, ANDHRA PRADESH-515 591 …RESPONDENTS (BY SRI.B.PRADEEP., ADVOCATE ) THIS MFA IS FILED U/S.173(1) OF MV ACT, AGAINST THE JUDGMENT AND AWARD DATED 04.01.2024 PASSED IN MVC NO.3449/2019 ON THE FILE OF THE XVI ADDITIONAL JUDGE, COURT OF SMALL CAUSES, MEMBER, MACT, BENGALURU CITY, (SCCH-14), PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. 3 THIS APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER Learned Counsel appearing for the Appellant - Claimant is present. Learned Counsel appearing for Respondent No.1 – 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 respondent No.1- Insurance Company and its authorized officer is filed. The appellant-claimant has agreed to receive and respondent No.1 - Insurance Company has agreed to pay a lump-sum of Rs.2,90,000/- (Rupees Two Lakhs Ninety Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 3. Respondent No.1- Insurance Company has agreed to deposit the said amount before the Tribunal within six weeks 4 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 apportionment, deposit and release of the enhanced compensation amount shall be made in terms of the Judgment and Award passed by the Claims Tribunal. 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. 6. The office shall accordingly prepare the award and shall ensure that the award made today is communicated to the Tribunal for appropriate action. Sd/- JUDGE Sd/- MEMBER BVK