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2026 DAILYLAW 32237 (KAR)

SRI SWAMY A P v. M/S ICICI LOMBARD GENERAL INSURANCE COMPANY LTD

MFA/700/2023 · 2026-07-11

Lok Adalath

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

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 VENKATESH NAIK T. AND SRI NAMAN VANKDARI M., MEMBER MISCELLANEOUS FIRST APPEAL NO.700 OF 2023(MV-I) (LOK-ADALAT NO.2246 OF 2026) BETWEEN: SRI. SWAMY.A.P S/O PUTTASWAMY NOW AGED ABOUT 47 YEAR R/AT NO.416, KHB COLONY MAHADESHWARANAGARA SATHANOOR ROAD CHANNAPΑΤΤΑΝΑ ΤALUK RAMANAGARAM DISTRICT-562 160 ALSO AT: C/O PRIYANKARAGHU NO.6 3RD CROSS ANDHRAHALLI MAIN ROAD VALMIKINAGARA VISHWANEEDAM POST BENGALURU-560 091 ...APPELLANT (BY SRI CHANDRASHEKARAIAH B., ADVOCATE) AND: 1. M/S ICICI LOMBARD GENERAL INSURANCE COMPANY LTD., BY ITS MANAGER REGIONAL OFFICE NO.121 THE ESTATE BUILDING 9TH FLOOR DICKSON ROAD BENGALURU – 560 001 2. SRI. MADANLAL,P S/O PUTTAΡΡΑ Digitally signed by SHASHIREKHA K Location: HIGH COURT OF KARNATAKA 2 RESIDING AT: NO.136 3RD MAIN MEENAKSHINAGAR KAMAKSHIPALYA BENGALURU -560 079 …RESPONDENTS (BY SRI PRADEEP B., ADVOCATE FOR R1) THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF THE MOTOR VEHICLES ACT, 1988, AGAINST THE JUDGMENT AND AWARD DATED.21.09.2022 PASSED IN M.V.C. NO.547 OF 2020 ON THE FILE OF THE MOTOR VEHICLES ACCIDENT CLAIM TRIBUNAL II ADDL. JUDGE AND ACMM COURT OF SMALL CAUSES BENGALURU ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS MISCELLANEOUS FIRST APPEAL IS COMING ON FOR CONCILIATION BEFORE THE NATIONAL LOK-ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER Learned counsel appearing for the appellant-claimant and 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 appellant-claimant and the learned counsel appearing for the respondent-Insurance Company and its Authorised Officer is filed. The appellant-claimant has agreed to receive and the respondent- Insurance Company has agreed to pay a lump-sum of Rs.3,50,000/- (Rupees Three Lakh Fifty Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 3 3. The respondent-Insurance Company has agreed to deposit the said amount before the Tribunal within a period of six weeks' from the date of preparation of award, failing which, the said amount shall carry interest at the rate of 9% per annum from the date of default, till the date of deposit. 4. The entire enhanced compensation amount shall be released in favour of the appellant-claimant, on proper identification. 5. This miscellaneous first appeal stands disposed off in terms of the joint memo. The judgment and award of the Tribunal shall stand modified accordingly. Draw up the award accordingly. Sd/- JUDGE Sd/- MEMBER mn/-