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2026 DAILYLAW 33917 (KAR)

KRISHNA SHETTY v. RELIANCE GENERAL INSURANCE CO LTD

MFA/3111/2024 · 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 V. SRISHANANDA & SMT.SOHANI HOLLA, MEMBER M.F.A.No.3111/2024(MV) (Lok Adalat No.2163/2026) BETWEEN KRISHNA SHETTY S/O LATE KEMPA SHETTY AGED ABOUT 58 YEARS, RESIDENT OF NO.105, BANANTHAMMA EXTENSION, JANATHA COLONY KANAKAPURA TOWN RAMANGAR DISTRICT ...APPELLANT (BY SRI R LAKSHMANA, ADVOCATE) AND 1 . RELIANCE GENERAL INSURANCE CO LTD BY ITS MANAGER, NO.28, 4TH FLOOR, CENTENARY BUILDING 28, M G ROAD, NEAR RAHEJA TOWERS, Digitally signed by SHASHIREKHA K Location: High Court of Karnataka 2 BENGALURU -560 001 2 . SRI JAYARAMU S/O DODDAIAH MAJOR NO 31, HUTHEKERE VILLAGE, MADDUR TALUK, MANDYA DISTRICT PIN 571401 …RESPONDENTS (BY SRI D VIJAYA KUMAR, ADVOCATE FOR R1; VIDE ORDER DATED 24.07.2025 NOTICE TO R2 IS DISPENSED WITH) THIS MFA IS FILED UNDER SECTION 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 16.09.2022 PASSED IN MVC NO.232/2021 ON THE FILE OF THE VIII ADDITIONAL SCJ AND ACMM, MEMBER, MACT, BENGALURU SCCH-5, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION. THIS APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED. CONCILIATION ORDER 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. 2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate appearing for the appellant/claimant (being authorized by the appellant/claimant to sign) and the learned advocate appearing for the respondent- 3 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 lump-sum of Rs.50,000/- (Rupees Fifty Thousand 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 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 shall be released in favour of the appellant / claimant, on proper identification. This Miscellaneous First Appeal stands disposed of 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 MR