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2026 DAILYLAW 34325 (KAR)

SRI RAJU @ RAJANNA v. IFM ELECTRIC INDIA PVT.LTD.

MFA/566/2021 · 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.566 OF 2021 (MV-I) (LOK-ADALAT NO.6338 OF 2025) BETWEEN: 1. SRI.RAJU @ RAJANNA S/O. DODDASIDDAPPA AGED ABOUT 55 YEARS REPRESENTED BY HIS WIFE NATURAL GUARDIAN SMT. RADHA AGED ABOUT 47 YEARS R/O. CHIKKAGOOLA VILLAGE KASABA HOBLI SIRA TALUK TUMKURU DISTRICT-572101 ...APPELLANT (BY SRI SATHISHA T., ADVOCATE) AND: 1. IFM ELECTRIC INDIAS PVT LTD. NO.114 BLOCK.28 VALAGERAHALLI KENGERI NEW SATELITE TOWN BANGALORE-560060 2. THE BRANCH MANAGER ICICI LOMBARD GENERAL INSURANCE COMPANY LTD. ICICI LOMBARD HOUSE 414 VEER SAVARKAR MARG NEAR SIDDHI VINAYAKA TEMPLE PRABHADEVI MUMBAI-400025 SERVICE ADRESS: ICICI LOMBARD GENERAL INSURANCE COMPANY LTD. Digitally signed by SHASHIREKHA K Location: HIGH COURT OF KARNATAKA 2 NO.3 AND 4 SUDHA COMMERCIAL COMPLEX DR RAJKUMAR ROAD RAJAJINAGAR 4TH 'N' BLOCK SUJATHA COMPLEX BANGALORE-560010 NOW REPRESENTED BY: THE MANAGER ICICI LOMBARD GENERAL INSURANCE COMPANY LTD. NO.121 THE ESTATE BUILDING 9TH FLOOR DIKENSON ROAD M.G.ROAD BENGALURU- 560001 …RESPONDENTS (BY SRI B PRADEEP, ADVOCATE FOR R2; NOTICE TO R1 IS DISPENSED WITH VIDE ORDER DATED 09.03.2023) THIS MISCELLANEOUS FIRST APPEAL IS FILED UNDER SECTION 173(1) OF THE MOTOR VEHICLES ACT, 1988, AGAINST THE JUDGMENT AND AWARD DATED.16.10.2018 PASSED IN M.V.C. NO.1427 OF 2014 ON THE FILE OF THE SENIOR CIVIL JUDGE AND ADDITIONAL MACT AT SIRA 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.4,50,000 /- 3 (Rupees Four Lakh 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 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/-