Sri Puttaswamachar v. the New India Assurance Company Ltd.
Case brief
What is this about?
Puttaswamachar v. New India Assurance Co. Ltd. — M.F.A.No.7811/2024 (MV), Lok Adalat No.5587/2025, High Court of Karnataka (decided 21.08.2025; conciliators Justice Umesh M Adiga and Parineeta S Chanal). Motor Vehicles Act S. 173(1) appeal seeking enhancement of compensation awarded on 30.09.2024 in MVC No. 3693/2022 by the Principal MACT / Court of Small Causes, Bengaluru. Settled by joint memo: additional lump-sum Rs.1,50,000/- (Rupees One Lakh Fifty Thousand) payable by insurer in full and final settlement, deposit within six weeks failing 9% p.a. interest from default, release to claimant on identification; appeal disposed, Tribunal award modified. Keywords: Lok Adalat settlement, enhancement of compensation, motor accident claims, lump-sum additional compensation, default interest clause.
What did the court decide?
Additional lump-sum compensation of Rs.1,50,000/- payable by respondent-Insurance Company to the appellant/claimant, in addition to the Tribunal award, in full and final settlement; to be deposited before the Tribunal within six weeks from the date of preparation of the 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 appellant/claimant on proper identification.