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.2879/2025(MV-D) (Lok Adalat No.5550/2025) BETWEEN: 1. ABHISHAIK N. S/O NAGESH NOW AGED ABOUT 22 YEARS 2. KISHOR S/O NAGESH NOW AGED ABOUT 18 YEARS 3. SMT. SUBBAMMA W/O LATE VENKATASWAMY NOW AGED ABOUT 76 YEARS ALL ARE R/AT NO.12, GOKULAM, 4TH STAGE MANJUNATHAPURA, MYSURU, N/R/A C/O RAJU, NERALAKERE, SRIRANGAPATNA TALUK MYSURU DISTRICT. ...APPELLANTS (BY SRI. RAGHU R., ADVOCATE) 2 AND: 1. SRI. NAGARAJU S/O NINGEGOWDA AGED:MAJOR R/AT KALENAHALLI VILLAGE T.M. HOSURU POST K. SHATTAHALLI HOBLI SRIRANGAPATNA TALUK MANDYA DISTRICT - 571 438. 2. THE DIVISIONAL MANAGER THE NEW INDIA ASSURANCE CO. LTD. JLB ROAD, CHAMUNDIPURAM ROAD MYSURU - 570 001. ….RESPONDENTS (BY SRI. JANARDHANA REDDY, ADVOCATE FOR R2) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 29.12.2021 PASSED IN MVC NO.1962/2019 ON THE FILE OF THE PRINCIPAL SENIOR CIVIL JUDGE & MEMBER, MACT, SRIRANGAPATNA, SEEKING ENHANCEMENT OF COMPENSATION. 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 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 counsel appearing for the appellants - claimants (being authorized by the appellant/s - claimant/s to sign) and the learned counsel 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 lumpsum of Rs.10,00,000/- (Rupees Ten 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 4 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. Out of the enhanced compensation amount Rs.3,00,000/- shall be released in favour of the appellant/s – claimant/s, on proper identification. The remaining amount of Rs.7,00,000/- shall be apportioned and deposited in any nationalised bank for a period of three years, 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 29.12.2021 in MVC No.1962/2019 on the file of MACT, Srirangapatna, shall stand modified accordingly. Draw up the Award accordingly. Sd/- JUDGE Sd/- MEMBER sac