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2025 DAILYLAW 82756 (KAR)

SMT.NAGAMMA v. LIBERTY VIDEOCON GEN INS COM. LTD

MFA/569/2025 · 2025-12-13

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 DECEMBER, 2025 CONCILIATORS PRESENT: THE HON’BLE MR. JUSTICE K.V. ARAVIND & Dr. S.V. GIRIKUMAR, CONCILIATOR M.F.A.No.569 OF 2025 (MV-I) (Lok Adalat No.8392/2025) BETWEEN: SMT NAGAMMA, W/O LATE SHRI SABANNA, AGED ABOUT 58 YEARS, R/AT NO.3/49, NEAR DURGADEVI TEMPLE, WARKANAHALLI, YADGIR TALUK, YADGIR DISTRICT 585202. ...APPELLANT (BY SRI SHANKAR PRASAD M B, ADVOCATE) AND: 1. LIBERTY VIDEOCON GEN INS COM. LTD. OFFICE NO.1, ALYSSA 1ST FLOOR, REAR PORTION, OLD NO. 28, NEW NO. 23, RICHMOND ROAD, BANGALORE - 560 025. 2 2. MR. M. NARASIMHA VISHNU, S/O B MALADRI, NO. 6-290-A-2-7, VIDYANAGAR, GUNTHKAL, ANANTHPURA DISTRICT - 515801, ALSO AT: MR. M NARASIHMA VISHNU, S/O B MALADRI, NO.14, LASKHMIVENKATESWARA COMPLEX, PRESIDENCY UNIVERSITY, ITGOLAPURA, RAJANUKUNTE, BANGALORE - 560 064. …RESPONDENTS (BY SRI RAVI S. SAMPRATHI, ADVOCATE FOR R1) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 04.10.2024 PASSED IN MVC NO.6666/2022 ON THE FILE OF THE VIII ADDITIONAL JUDGE, COURT OF SMALL CAUSES AND ACJM, MACT, BENGALURU SCCH-5, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: 3 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 counsel appearing for the appellant/claimant (being authorized by the appellant/claimant to sign) and the 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.1,00,000/- (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. The parties are not entitled for any cost. 4. The entire enhanced compensation amount shall be released in favour of the appellant / claimant, on proper identification. 4 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/- CONCILIATOR DDU