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2026 DAILYLAW 48500 (KAR)

THE REGIONAL MANAGER v. SRI R SREENIVASULU

MFA/2668/2018 · 2026-01-13

D K Singh, S Rachaiah

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Judgment text

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- 1 - HC-KAR NC: 2026:KHC:2150-DB MFA No. 2668 of 2018 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 13TH DAY OF JANUARY, 2026 PRESENT THE HON'BLE MR. JUSTICE D K SINGH AND THE HON'BLE MR. JUSTICE S RACHAIAH MISCELLANEOUS FIRST APPEAL NO. 2668 OF 2018 (MV-D) BETWEEN: 1. THE REGIONAL MANAGER BAJAJ ALLIANZ GIC LTD NO.21 4TH FLOOR, GOLDEN HEIGHTS COMPLEX 56TH C CROSS NEAR SUJATHA THEATRE RAJAJINAGAR BENGALURU 3 560 010. &APPELLANT (BY SRI. A N KRISHNA SWAMY, ADVOCATE) AND: 1. SRI. R. SREENIVASULU S/O VENKATASWAMY AGED ABOUT 59 YEARS 2. SMT. BHULAKSHMI R W/O R. SREENIVASALU AGED ABOUT 46 YEARS Digitally signed by SREEDHARAN BANGALORE SUSHMA LAKSHMI Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:2150-DB MFA No. 2668 of 2018 BOTH ARE R/AT NO.1-52 KATTAKINDAPALLE CHITTOOR DISTRICT ANDHRA PRADESH 3 505 215. 3. SRI. MANISH TEWARI S/O. RAVINDRA KUMAR NO.303 MAHAVEER CITADEL 24TH MAIN, 5TH PHASE, JP NAGAR BENGALURU 3 560 078. &RESPONDENTS (BY SRI. GIRISH K V FOR C/R1 & R2, ADVOCATE; SRI. NITIN R, ADVOCATE FOR R3) THIS MFA IS FILED U/S 173(1) OF MV ACT PRAYING TO SET ASIDE THE JUDGMENT AND AWARD DATED 12.01.2018 PASSED IN MVC NO.1821/2016 ON THE FILE OF THE V ADDITIONAL SMALL CAUSES JUDGE & XXIV A.C.M.M., MAYO HALL UNIT, BENGALURU AND ETC., THIS APPEAL, COMING ON FOR HEARING, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE D K SINGH and HON'BLE MR. JUSTICE S RACHAIAH - 3 - HC-KAR NC: 2026:KHC:2150-DB MFA No. 2668 of 2018 ORAL JUDGMENT (PER: HON'BLE MR. JUSTICE D K SINGH) 1. The present appeal has been filed impugning the judgment and award dated 12.01.2018 passed by the V Additional Small Causes Judge and XXIV A.C.M.M (SCCH-19), Mayo Hall Unit, Bengaluru in M.V.C No.1821/2016. 2. Sri. A. N. Krishna Swamy, learned counsel for insurance company, the appellant fairly submits that except for the rate of interest granted by the learned Tribunal at the rate of 9%, there is nothing much to argue in the appeal. 3. Considering the aforesaid submissions, we modify the impugned award and reduce the rate of interest from 9% to 6%. With the aforesaid modification, the appeal stands disposed of. - 4 - HC-KAR NC: 2026:KHC:2150-DB MFA No. 2668 of 2018 The amount deposited in this Court shall be remitted to the learned Tribunal for disbursement in terms of the award dated 12.01.2018 passed by the V Additional Small Causes Judge and XXIV A.C.M.M (SCCH-19), Mayo Hall Unit, Bengaluru. Sd/- (D K SINGH) JUDGE Sd/- (S RACHAIAH) JUDGE UN List No.: 1 Sl No.: 29