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2026 DAILYLAW 13141 (KAR)

UNITED INDIA INSURANCE CO. LTD v. SRI SHAIK AKRAM

MFA/2066/2025 · 2026-02-21

Lok Adalath

body2026

Judgment text

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1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF FEBRUARY, 2026 CONCILIATORS PRESENT: THE HON’BLE MR. JUSTICE VIJAYKUMAR A. PATIL & SMT. ARCHANA K.M., MEMBER M.F.A.No.2066/2025 (MV-I) (Lok Adalat No.8589/2025) BETWEEN: UNITED INDIA INSURANCE CO. LTD. REPRESENTED BY REGIONAL MANAGER, NO.18, KRISHI BHAVAN, 5TH FLOOR, HUDSON CIRCLE, NRUPATUNGA ROAD, BENGALURU - 560 001. REPRESENTED BY THE REGIONAL MANAGER, UNITED INDIA INSURANCE CO. LTD. 6TH FLOOR, KRISHI BHAVAN, HUDSON CIRCLE, NRUPATUNGA ROAD BENGALURU - 560 001. ...APPELLANT (BY SMT. MANJULA N. TEJASWI, ADVOCATE) AND: 1. SRI. SHAIK AKRAM S/O NURUDDIN, 2 AGED ABOUT 35 YEARS, R/O NO.2-364, PALAMANER ROAD, V. KOTA - 517 424, CHITTOOR DISTRICT - 517 001 ANDHRA PRADESH. 2. SRI. P.M. LOKESH S/O P.S. MALLIKARJUNA, AGED : MAJOR, R/O NO.18-122, PATRAPALLI VILLAGE, V. KOTA POST AND MANDAL -517424. CHITTOOR DISTRICT -517001 ANDHRA PRADESH. ….RESPONDENTS (BY SRI. KAILASH SHANKAR P.S., ADVOCATE FOR R1; R2 SERVED) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 06.01.2025 PASSED IN MVC NO.4831/2023 ON THE FILE OF THE XVIII ADDL., JUDGE & ACJM, COURT OF SAMLL CAUSES, BENGALURU, AWARDING COMPENSATION OF RS.16,02,860/- WITH INTEREST AT 6% P.A. FROM THE DATE OF PEITION TILL REALIZATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: 3 CONCILIATION ORDER 1. The learned counsel appearing for the respondent - claimant is present. The learned counsel appearing for the appellant - 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 respondent - claimant (being authorized by the respondent - claimant to sign) and the learned counsel appearing for the appellant - Insurance Company and its authorized Officer, is filed. The respondent - claimant has agreed to receive and the appellant -Insurance Company has agreed to pay a lumpsum of Rs.12,00,000/- (Rupees Twelve Lakh only) with 6% interest (includes statutory amount deposited before this Court and the amount deposited in terms of the stay order), the amount payable apart from the deposited money is Rs.4,44,722/- as full and final settlement of the claim. 3. The appellant - Insurance Company has agreed to deposit the said amount before the Tribunal within six weeks from the 4 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 Joint Memo is accepted. The entire compensation amount be released to the claimant after due identification, as per the order of the Tribunal. 5. This Miscellaneous First Appeal stands disposed of in terms of the Joint Memo. The Judgment and Order dated 06.01.2025 in MVC No.4831/2023 on the file of MACT, Bengaluru, shall stand modified accordingly. Draw up the Award accordingly. 6. The statutory amount deposited in this appeal if any, shall be transmitted to the concerned Tribunal. Sd/- JUDGE Sd/- MEMBER sac