Case brief
What is this about?
Lok Adalat conciliation settlement; M.F.A. No. 5456/2021 (MV); Lok Adalat No. 6346/2025; MVC No. 3335/2019; Tribunal award dated 02.01.2020; Section 173(1) Motor Vehicles Act; enhancement of compensation; Gangulakurti Pratap v. Bharath N and ICICI Lombard General Insurance Co. Ltd.; joint memo; lump sum Rs. 1,10,000/- over Tribunal award; deposit within six weeks; 9% p.a. interest on default; High Court of Karnataka at Bengaluru; Justice Lalitha Kanneganti; Member D. Sudha; appeal disposed; Tribunal judgment and award modified.
What did the court decide?
Additional lump-sum compensation of Rs.1,10,000/- (Rupees One Lakh Ten Thousand Only) payable by ICICI Lombard General Insurance Co. Ltd. to the appellant-claimant, over and above the Tribunal award, in full and final settlement; to be deposited before the Tribunal within six weeks of preparation of award, failing which it carries interest at 9% p.a. from the date of default till deposit; entire enhanced amount to be released to the claimant on proper identification; appeal disposed of in terms of the joint memo and Tribunal judgment/award modified accordingly.