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Sri. A. Prakash vs Bajaj Allianz General Insurance Co. Ltd
2025 Latest Caselaw 9118 Kant

Citation : 2025 Latest Caselaw 9118 Kant
Judgement Date : 14 October, 2025

Karnataka High Court

Sri. A. Prakash vs Bajaj Allianz General Insurance Co. Ltd on 14 October, 2025

Author: Ravi V Hosmani
Bench: Ravi V Hosmani
                                                -1-
                                                            NC: 2025:KHC:40632
                                                          RFA No. 1293 of 2016


                 HC-KAR


                     IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                       DATED THIS THE 14TH DAY OF OCTOBER, 2025

                                            BEFORE

                          THE HON'BLE MR. JUSTICE RAVI V HOSMANI

                     REGULAR FIRST APPEAL NO. 1293 OF 2016 (MON)

                BETWEEN:

                1.    SRI A. PRAKASH
                      S/O LATE ANNAYYA REDDY,

                2.    SMT. SHAILA PRAKASH
                      W/O A PRAKASH,

                      BOTH ARE MAJORS,
                      R/AT NO.38/16, 12TH CROSS,
                      4TH MAIN ROAD,
                      OPP. SBI, WILSON GARDEN,
                      BANGALORE - 560 030.
                                                                  ...APPELLANTS

                (BY SRI VINOD PRASAD, ADVOCATE)

                AND:

Digitally signed by BAJAJ ALLIANZ GENERAL INSURANCE CO. LTD.,
GEETHAKUMARI REG. OFFICE AT G.E. PLAZA,
PARLATTAYA S
                    AIRPORT ROAD, YERAWADA,
Location: High
Court of            PUNE - 411 006,
Karnataka           REP. BY HEAD CORPORATE LEGAL,
                SRI KORANGATI SREENIVASA RAO,
                (BY PLEADER SRI,
                SEETHARAMA RAO B.C. ADV)
                                                                 ...RESPONDENT

                (BY SRI D. GOVARDHAN, ADVOCATE)

                       THIS RFA IS FILED UNDER SECTION 96 R/W ORDER 41, RULE
                1 OF CPC., AGAINST JUDGMENT AND DECREE DATED 14.07.2016
                PASSED IN O.S NO.9083/2013 ON THE FILE OF THE XXX ADDL. CITY
                                -2-
                                             NC: 2025:KHC:40632
                                          RFA No. 1293 of 2016


HC-KAR

CIVIL    JUDGE,   BENGALURU   CITY,   DECREEING    THE   SUIT   FOR
RECOVERY OF MONEY.


        THIS APPEAL IS COMING ON FOR FINAL HEARING, THIS DAY,
JUDGMENT WAS DELIVERED THEREIN AS UNDER:


CORAM:       HON'BLE MR. JUSTICE RAVI V HOSMANI

                       ORAL JUDGMENT

Challenging judgment and decree dated 14.07.2016

passed by XXX Addl. City Civil Judge, Bengaluru, in O.S.

no.9083/2013, this appeal is filed by defendants.

2. It was submitted, during pendency of appeal, by

order dated 31.07.2025, matter was referred for mediation.

Parties have participated in mediation, which has resulted in

settlement and terms of which are drawn in agreement placed

before Court and prayed that appeal may be disposed of in

terms of settlement.

3. Terms of settlement reads as under:

"MEMORANDUM OF SETTLEMENT UNDER SECTION 89 OF CPC READ WITH RULES 24 AND 25 OF THE KARNATAKA CIVIL PROCEDURE (MEDIATION) RULES, 2005

I. The Respondent had filed the suit in O.S.No.9083/2013 on the file of the XXX Addl. City Civil & Sessions Judge, Bengaluru against

NC: 2025:KHC:40632

HC-KAR

appellant seeking recovery of a sum of Rs.96,144 (Rupees Ninety Six Thousand One Hundred and Forty Four Only) together with interest @ 18% per annum from 05.08.2009 till payment and cost. The Hon'ble Trial Court was pleased to passed judgment and decree on 14.07.2016 in favour of the respondent herein for a sum of Rs.80,000/- (Rupees Eighty Thousand Only) along with interest @ 18% per annum from 25.10.2011 till payment.

II. The appellants herein filed the above appeal challenging the order passed in O.S.No.9083/2013 on the file of the XXX Addl. City Civil & Sessions Judge, Bengaluru dated 14.07.2016.

III. The aforesaid appeal was referred to mediation for resolving the dispute between the parties. During the course of mediation, the Appellants and the Respondent along with their respective advocates were present and resolve their disputes and they have agreed and arrived the following terms and conditions

1. The Appellants have agreed to pay a sum of Rs.1,25,000/- (Rupees One Lakh Twenty Five Thousand Only) to the respondent towards full and final settlement of all the claims of the respondent. The said amount shall be paid by the appellants by way of the following cheques:

a) Cheque bearing No.504653 dated 01.09.2025 for a sum of Rs.50,000/-

(Rupees Fifty Thousand Only) drawn on Karnataka Co-operative Apex Bank Ltd., Bengaluru.

b) Cheque bearing No.647800 dated 12.09.2025 for a sum of Rs.75,000/- (Rupees Seventy Five Thousand Only) drawn on Karnataka Co-operative Apex Bank Ltd., Bengaluru.

2. The parties have agreed that the aforesaid cheques are subject to realization and the in the

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case of dishonour of the any of the above cheques the respondent company is at liberty to proceed under section 138 of N.I.Act in accordance with law.

3. The parties have agreed that the appellants are at liberty withdraw the deposit sum of Rs.40,000/- (Rupees Forty Thousand Only) and seek refund of the court fee.

4. The parties agree that apart from the above they do not have any other claim against each other.

5. The parties further state that there has been no collusion or force, fraud or any undue influence by any of the parties to enter into this compromise in the aforesaid manner.

IV. In view of the aforesaid agreement, both the parties pray that this Hon'ble court may be pleased to pass appropriate orders in terms of the aforesaid agreement.

V. Parties will appear before the Hon'ble Court for passing necessary orders in terms of the agreement."

4. In terms of compromise, appellants have agreed to

pay a sum of Rs.1,25,000/- to respondent in full and final

settlement of all claims and that said amount is paid by way of

two cheques bearing no.504653 dated 01.09.2025 for

Rs.50,000/- and 647800 dated 12.09.2025 for Rs.75,000/-

drawn on Karnataka Co-operative Apex Bank Ltd., Bengaluru.

Respondent admits receipt of said amount.

NC: 2025:KHC:40632

HC-KAR

5. Memorandum of settlement is duly signed by both

parties. whose signatures are identified by their respective

counsel and settlement is reported by them.

6. I have perused terms of settlement and same are

found to be lawful. Memorandum of settlement is taken on

record and accepted.

7. Appeal is allowed to extent and in terms of

settlement, modifying judgment and decree dated 14.07.2016

passed by XXX Addl. City Civil Judge, Bengaluru, in O.S.

no.9083/2013.

8. In view of disposal, appellants would be entitled for

refund of admissible court fee and also amount deposited

before this Court vide order dated 19.08.2016.

Registry to draw decree incorporating terms of

settlement.

Sd/-

(RAVI V HOSMANI) JUDGE

AV

 
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