Yogisha v. Gagan
Case brief
What is this about?
Yogisha v. Gagan & Manager, ICICI Lombard Gen Ins. Co., Ltd. — M.F.A.No.2535/2025 (MV) (Lok Adalat No.5388/2025), Lok Adalat order of the High Court of Karnataka at Bengaluru dated 22-08-2025; enhancement of compensation awarded by MVC No.826/2023 (MACT Gubbi, judgment and award dated 20.08.2024, claim partly allowed); settled by joint memo for additional lump sum of Rs.1,00,000/- over Tribunal award in full and final settlement; deposit within six weeks, failing which 9% p.a. interest from date of default; appeal disposed of, Tribunal award modified. Advocates: Sri. Raghu.R (appellant/claimant), Sri. P.S.Jagadish (respondent-insurer).
What did the court decide?
Settlement by joint memo: respondent-Insurance Company to pay the claimant Rs.1,00,000/- (Rupees One Lakh only) additionally, over and above the Tribunal award, in full and final settlement; deposit before the Tribunal within six weeks of preparation of the award, failing which interest at 9% p.a. from the date of default until deposit; entire enhanced amount to be released to the claimant on proper identification; Tribunal's judgment and award modified accordingly.