Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:22753 MFA No. 3383 of 2017
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24TH DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI MFA NO. 3383 OF 2017 (MV-D) BETWEEN:
THE REGIONAL MANAGER NATIONAL INSURANCE CO LTD LAXMI BAZAR ROAD, NEAR ROOPAVANI TALKIES, CHITRADURGA NOW REPRESENTED BY THE NATIONAL INSURANCE CO LTD.
REGIONAL OFFICE, NO.144, SUBHARAM COMPLEX, M.G.ROAD, BENGALURU-560 001. …APPELLANT (BY SRI. A N KRISHNA SWAMY.,ADVOCATE)
AND:
1. JAYAMMA W/O LATE PALAIAH AGED ABOUT 51 YEARS,
2. NAGARAJA S/O LATE PALAIAH, AGED ABOUT 31 YEARS,
3. SHASHIDHARA S/O LATE PALAIAH, AGED ABOUT 29 YEARS,
4. SUMA D/O LATE PALAIAH, AGED ABOUT 26 YEARS,
Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:22753 MFA No. 3383 of 2017
ALL ARE R/AT C.K.PURA, KELAGOTE, CHITRADURGA-577 501.
5.
BHARATH KUMAR T S/O THIPPESWAMY S.P.
R/AT NEAR GOVT PRIMARY SCHOOL, S.M.NAGAR, BALLARI ROAD, CHALLAKERE-577 522. …RESPONDENTS (BY SRI. RAGHU R., ADVOCATE FOR R1 TO R4;
SRI.K RAMA BHAT.,ADVOCATE FOR R5)
THIS MFA FILED U/S 173(1) OF MV ACT AGAINST THE
JUDGMENT AND AWARD DATED 09.12.2016 PASSED IN MVC NO.121/2016 ON THE FILE OF THE II ADDITIONAL SENIOR CIVIL JUDGE AND ADDITIONAL MACT-V, CHITRADURGA, AWARDING COMPENSATION OF RS. 23,72,600/- WITH INTEREST AT 7.5% P.A. FROM THE DATE OF PETITION TILL THE DATE OF DEPOSIT.
THIS APPEAL, COMING ON FOR DISMISSAL, THIS DAY,
JUDGMENT WAS DELIVERED THEREIN AS UNDER:
CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI
ORAL JUDGMENT
Aggrieved by the award passed in MVC.No.121/2016 dated 09.12.2016 by the II Additional Senior Civil Judge and Additional MACT-V, at Chitradurga, the Insurance Company is before this Court.
2. This appeal is filed by the appellant/Insurance Company only on the ground that the Tribunal had granted interest at the rate of 7.5% p.a. instead of 6% p.a.
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HC-KAR NC: 2026:KHC:22753 MFA No. 3383 of 2017
3. Accordingly, the appeal of the Insurance Company is partly allowed by reducing the interest from 7.5% p.a. to 6% p.a. i. The amount in deposit shall be forthwith transmitted to the Tribunal. ii. The compensation amount shall carry interest at 6% per annum from the date of petition till the date of realization. iii. Registry is directed to return the Trial Court Records to the Tribunal, along with certified copy of the order passed by this Court forthwith without any delay. iv. No costs. v. Pending miscellaneous petitions, if any, shall stand closed.
SD/- (LALITHA KANNEGANTI) JUDGE
MEG List No.: 2 Sl No.: 58