1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 26th DAY OF APRIL 2025 CONCILIATORS PRESENT: THE HON’BLE SMT. JUSTICE LALITHA KANNEGANTI & SRI. RAVI. S. SAMPRATHI, MEMBER M.F.A.No.2421/2025 (MV) (Lok Adalat No.3984/2025) BETWEEN: BASAVARAJU, S/O LATE PUTTA RANGAIAH, NOW AGED ABOUT 25 YEARS, R/AT MADENAHALLI VILLAGE, KADABA HOBLI, GUBBI TALUK, TUMAKURU DISTRICT. ...APPELLANT (BY SRI. RAGHU R, ADVOCATE) AND: 1. SANDEEP JOEL, S/O JOLE SUJENDRAKAR, NOW AGED ABOUT 29 YEARS, (AGE CORRECTLY SHOWN IN THE AWARD) R/A CHRISTIAN STREET 12, 14TH WARD, GUBBI TOWN, TUMKUR DISTRICT-572216. 2 2. THE MANAGER, SHRIRAM GEN INS. CO., LTD., REP. BY ITS MANAGER D.S. PRDEEP, NO. 3/5, 3RD FLOOR, SV ARCADE, OFF. BANNERUGHATTA ROAD, IIM-B POST, BANGALORE-560076. …RESPONDENTS (BY SRI. B.C. SHIVANNE GOWDA, ADVOCATE FOR R2) THIS MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 22.04.2024 PASSED IN MVC NO.814/2023 ON THE FILE OF THE ADDITIONAL SENIOR CIVIL JUDGE AND JMFC, MACT, GUBBI, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: 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. 3 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 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.1,45,000/- (Rupees One Lakh Forty 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 / 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/- MEMBER SHS