- 1 - HC-KAR NC: 2026:KHC:17534 MFA No. 4946 of 2017 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI MISCELLANEOUS FIRST APPEAL NO. 4946 OF 2017 (MV-D) BETWEEN: THE NEW INDIA ASSURANCE CO LTD MAYUR COMPLEX, 1ST FLOOR, KIADB MAIN ROAD, PEENYA, BENGALURU-560 058, NOW REPTD BY REGIONAL MANAGER, THE NEW INDIA ASSURANCE CO. LTD., MAHALAKSHMI CHAMBERS, NO.9, 2ND FLOOR, M.G. ROAD, BENGALURU-560 001. …APPELLANT (BY SRI. A N KRISHNA SWAMY., ADVOCATE) AND: 1. SRI VASANTHA J W/O. LATE JAYAPAL, AGED ABOUT 57 YEARS, 2. SRI. JAGADHISWARI. J D/O. JAIPAL, AGED ABOUT 36 YEARS, BOTH ARE R/AT R. GOLLAHALLI VILLAGE, MODIKUPPAM POST, Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:17534 MFA No. 4946 of 2017 GUDIYATTAM TALUK, VELLUR DISTRICT, TAMILNADU-632 602. 3. SRI. CHANDRASHEKAR. C S/O. CHIKKANNA, AGE: MAJOR, R/AT NO.19, NEAR ACHARYA COLLEGE, SASUVEGHATTA, CHIKKABANAVARA POST, BENGALURU-560 090. …RESPONDENTS (BY SRI. GOPALAKRISHNAN R., ADVOCATE FOR R1 AND R2 R3 SERVED AND UNREPRESENTED) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 25.03.2017 PASSED IN MVC NO.2218/2016 ON THE FILE OF THE MOTOR ACCIDENT CLAIMS TRIBUNAL COURT OF SMALL CAUSES, AT BENGALURU, AWARDING COMPENSATION OF RS.10,26,600/- ALONG WITH INTEREST AT THE RATE OF 8% P.A. FROM THE DATE OF PETITION TILL THE DATE OF DEPOSIT OF THE AWARD AMOUNT. THIS APPEAL, COMING ON FOR ADMISSION, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:17534 MFA No. 4946 of 2017 ORAL JUDGMENT Aggrieved by the award passed in MVC No.2218/2016 dated 25.03.2017 passed by the XXI A.C.M.M and XXIII A.S.C.J and member, MACT, Bengaluru, the appellant/Insurance Company is before this Court seeking to set aside the aforesaid award. 2. The matter was referred to the Mediation and the same was settled between the parties, whereby the claimants have agreed for compensation of an amount of Rs.11,00,000/- inclusive of interest. 3. The Insurance Company has already deposited a sum of Rs.5,40,614/- on 13.07.2017 and the remaining amount of Rs.5,34,386/-, they will deposit the same before the Tribunal within six weeks from the date of acceptance of the agreement by this Court. 4. Learned counsel appearing for the appellant/ Insurance Company submits that remaining amount shall be deposited within two weeks from today. - 4 - HC-KAR NC: 2026:KHC:17534 MFA No. 4946 of 2017 5. Accordingly, in the light of the settlement arrived at between the parties dated 25.03.2026, the appeal is disposed of. i. The Respondent is at liberty to withdraw the amount deposited by the Insurance Company before this Court. ii. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 4