1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF JULY, 2026 CONCILIATORS PRESENT THE HON’BLE MR. JUSTICE JAYANT BANERJI & MR.M.N.UMASHANKAR., MEMBER M.F.A.No.7562/2024 (MV) (Lok Adalat No.2232/2026) BETWEEN: ASHMATH, S/O NAZEER SAB, AGED ABOUT 40 YEARS, R/AT: ANEGOLA VILLAGE AND POST, K.R.PETE TALUK, MANDYA DISTRICT. … APPELLANT (BY SMT. SHARADAMBA.A.R., ADVOCATE) AND: 1. M/S CHAMUNDI PRISES, MULTI AXIS, C.N.C, MACHINING NO.11/1, LAKSHMIPURA ROAD, ABBIGERE VILLAGE, CHIKKA BANAVARA POST, BANGALORE-560 090. 2. ROYAL SUNDARAM ALLIANCE INSURANCE COMPANY LTD., SUNDARAM TOWERS, NO.46, WHITE ROAD, RAYAPATRI, CHENNAI-14, REP. BY ITS MANAGER. …RESPONDENTS (BY SRI.B.PRADEEP, ADVOCATE FOR R2) Digitally signed by SHASHIREKHA K Location: High Court of Karnataka 2 THIS MISCELLANEOUS FIRST APPEAL IS FILED U/S.173(1) OF MV ACT, PRAYING TO MODIFY THE JUDGMENT AND AWARD DATED 26.05.2023 PASSED IN MVC NO.17/2012 ON THE FILE OF THE III ADDITIONAL DISTRICT AND SESSIONS JUDGE AND MEMBER, ADDITIONAL MACT, HASSAN, MODIFYING THE JUDGMENT AND AWARD FOR ENHANCEMENT FOR COMPENSATION. THIS MISCELLANEOUS FIRST APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER Learned Counsel for the appellant and the representative of the respondent – Insurance Company are present. 2. A joint memo is on record regarding the settlement between the claimant and the Insurance Company which reflects that the parties have settled for a lumpsum amount of Rs.15,00,000/- (Rupees Fifteen Lakhs Only), in addition to what has been awarded by the Tribunal in full and final settlement of the claim. The respondent –Insurance Company has agreed to deposit the said amount before the Tribunal within six weeks from the date of preparation of the award, failing which, the said amount shall carry interest @ 9% per annum from the date of default, till the date of deposit. 3 3. The memo is accepted and in view of the settlement, this appeal is disposed of. It is directed that the award be prepared no later than two months from today. The amount awarded by the Tribunal is permitted to be withdrawn by the claimant forthwith as per law. The amount that is settled today is permitted to be withdrawn on deposit of the amount by the Insurance Company as per law. Sd/- JUDGE Sd/- MEMBER KSR