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.7206/2024 (MV-I) (Lok Adalat No.5804/2025) BETWEEN: SRI. SHASHIDHAR B.M. S/O MAHALINGAPPA AGED ABOUT 32 YEARS R/AT KANAKA NILAYA K.C. RASTHE JANNAPURA BHADRAVATHI SHIVAMOGGA DISTRICT - 577 301. ...APPELLANT (BY SRI. VIJAY SHETTY B., ADVOCATE) AND: 1. NEW INDIA ASSURANCE CO. LTD. REGIONAL OFFICE NO.9/2 2ND FLOOR, MAHALAKSHMI CHAMBERS, M.G. ROAD, 2 BENGALURU - 560 001. REP. BY ITS MANAGER. 2. THE MANAGING DIRECTOR VRL LOGISTICS LTD. REGISTERED OFFICE AT NH4 BANGALORE ROAD VARUR ARALIKATTI, HUBLI, DARWAR - 581 207. ….RESPONDENTS (BY SRI. ARAVIND M. NEGLUR, ADVOCATE FOR R2; R1 SERVED) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 01.06.2024 PASSED IN MVC NO.3660/2022 ON THE FILE OF THE XXIII ADDL. SMALL CAUSES JUDGE, BENGALURU, SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER 1. 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 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 lumpsum of Rs.3,00,000/-(Rupees Three Lakh only) in addition to what has been awarded by the Claims 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 Rs.3,00,000/- 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 Order dated 01.06.2024 in MVC No.3660/2022 on the file of MACT, Bengaluru, shall stand modified accordingly. Draw up the Award accordingly. Sd/- JUDGE Sd/- MEMBER sac