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 V. SRISHANANDA & SMT.SOHANI HOLLA, MEMBER M.F.A.No.3734/2023 (MV) (Lok Adalat No.6967/2025) BETWEEN: 1. SRI C RAMESH S/O CHANGALARAYAPPA AGED ABOUT 45 YEARS 2. SMT SHIVAMMA V W/O C RAMESH AGED ABOUT 36 YEARS BOTH ARE R/AT KOGILERU VILLAGE PADMAGHATTA POST MULBAGAL TALUK KOLAR DISTRICT ...APPELLANTS (BY SRI. KAILAS SHANKAR P S., ADVOCATE) 2 AND: 1 . SRI K P SATHVIK S/O K R PREMAKUMAR MAJOR, NO 8-348, GANDHI ROAD CHITTOOR, ANDHRA PRADESH 517001 2 . THE MANAGER THE TATA AIG GENERAL INS. CO. LTD., 2ND FLOOR, JP AND DEVI, JAMBUKESHWAR ARCADE, NO 69, MILLERS ROAD, BANGALORE 560052. ...RESPONDENTS (BY SRI.S.V.HEGDE MULKHAND, ADVOCATE FOR R-2) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 12.01.2023 PASSED IN MVC NO. 1910/2021 ON THE FILE OF THE XXI A.C.M.M AND XXIII ADDITIONAL SMALL CAUSES JUDGE , MOTOR ACCIDENT CLAIMS TRIBUNAL, COURT OF SMALL CAUSES, BENGALURU (SCCH-25), 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 Appellants - Claimants 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 appellants/claimants (being authorized by the appellants/claimants to sign) and the learned advocate appearing for the respondent-Insurance Company and its authorized officer is filed. The appellants-claimants have agreed to receive and the respondent- Insurance Company has agreed to pay a lump-sum of Rs.19,80,000/- (Rupees Nineteen Lakh Eighty 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. Out of the enhanced compensation amount to be deposited by the Insurance Company, Rs.5,00,000/- is directed to be invested in Fixed Deposit 4 in the name of the appellants/claimants in any Nationalized Bank/Scheduled Bank/Post Office for a period of five years with liberty to the appellants/claimants to withdraw the interest periodically. The remaining amount of Rs.14,80,000/- is ordered to be released in favour of the appellants – claimants, 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 KAV