Sri Keshavamurthy v. the Manager
Case brief
What is this about?
Motor accident compensation enhancement appeal settled before Lok Adalat; disposal in terms of joint memo; global compensation of Rs.3,00,000/- with interest at 9% p.a. payable within six weeks of the compromise award, failing which 9% per annum interest from date of default till deposit. MFA No. 6002 of 2024 (MV-I) under S.173(1) MV Act against award dated 10.07.2024 in MVC No.382/2021, Prl. Senior Civil Judge and CJM, Member, Additional MACT, Hassan; appellant Keshavamurthy; respondents Sriram General Insurance Company Limited and Umashankar; coram P Sree Sudha, J.; High Court of Karnataka, decided 24.03.2026.
What did the court decide?
Appeal disposed of in terms of the joint memo: the Insurance Company to deposit Rs.3,00,000/- global compensation with interest at 9% p.a. within six weeks from the date of the compromise award; failing which, interest at 9% per annum from the date of default till deposit.