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2026 DAILYLAW 32281 (KAR)

MR.ABHILASH D NAIK v. THE MANAGER

MFA/523/2023 · 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.523 OF 2023 (MV-I) (LOK-ADALAT NO.2174 OF 2026) BETWEEN: MR. ABHILASH D. NAIK S/O DHARMAPPA K NAIK AGED ABOUT 29 YEARS R/AT P0-36 ABHUDAYA NILAYA SRIDHAR NAGAR 6TH CROSS SHIMOGA DISTRICT ...APPELLANT (BY SRI NAIK KRISHNA VENKATRAMAN, ADVOCATE) AND: 1. THE MANAGER ICICI LOMBARD GENERAL INSURANCE CO. LTD. SVR COMPLEX HOSUR MAIN ROAD BENGALURU-68 2. MR. AMITH SOMANI S/O LAL BAHADUR SOMANI MAJOR R/AT NO.41/1 1ST FLOOR BEML LAYOUT 3RD & 4TH MAIN ROAD BEHIND ADIGAS HOTEL R.R. NAGAR BENGALURU- 98 …RESPONDENTS (BY SRI PRADEEP B., ADVOCATE FOR R1; NOTICE TO R2 IS DISPENSED WITH VIDE ORDER DATED 23.01.2023) THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF THE MOTOR VEHICLES ACT, 1988, AGAINST THE JUDGMENT Digitally signed by SHASHIREKHA K Location: HIGH COURT OF KARNATAKA 2 AND AWARD DATED.03.11.2022 PASSED IN M.V.C. NO.1252 OF 2020 ON THE FILE OF III ADDL. JUDGE AND MEMBER MACT COURT OF SMALL CAUSES AT 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.1,00,000/- (Rupees One Lakh only), in addition to what has been awarded by the 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 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. 3 4. The respondent Insurance company is liable to pay the enhanced compensation and to recover the same from respondent No.2. 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/-