Reliance General Insurance Co. Ltd. Vs Vinita Mishra & Ors. — Delhi HC (2026) — LawSathi Research

Reliance General Insurance Co. Ltd. Vs Vinita Mishra & Ors. — Delhi HC (2026) — LawSathi Research

What the court decided

AI extract

Outcome

Appeal disposed of in terms of settlement: (i) Rs. 75,000/- out of the balance deposited amount with accrued interest before the Registrar General to be refunded to the Insurance Company; (ii) the balance deposited amount with total interest, after deducting Rs. 75,000/-, to be released to the respondent/claimant(s) as per the proportions in the Tribunal's award, subject to compliance of required formalities; (iii) statutory amount with interest, if any, to be refunded to Indusind General Insurance Company Limited on filing of the ROC certificate of incorporation and compliance of requisite formalities.

Issue for consideration

Whether the compensation awarded by the Learned MACT by award dated 15.05.2015 (Rs. 45,60,000/- with interest @ 9% p.a.) should be reduced, as sought by the appellant Insurance Company.

Ratio / Principle

The present appeal, along with pending applications if any, is disposed of with directions in terms of the settlement arrived at between the parties; the reduction issue was settled between the parties and not adjudicated on merits.

Key takeaways

Out of the balance deposited amount with accrued interest lying before the Registrar General, lump sum Rs. 75,000/- is to be refunded to the Insurance Company; the balance lying deposited with total interest, after deducting Rs. 75,000/-, is to be released to the respondent/claimant(s) as per the proportions detailed in the Tribunal's award, subject to compliance of all required formalities.ratio¶10
On filing of the copy of the certificate of incorporation issued by ROC in favour of IGICL in the Registry, the statutory amount along with interest, if any, is to be refunded to Indusind General Insurance Company Limited on compliance of all requisite formalities.ratio¶11

Detailed headnote1 paragraphs

National Lok Adalat, High Court of Delhi (Rajneesh Kumar Gupta, Presiding Officer, with K. Venkatraman, Co-member), disposed of MAC.APP. 616/2015 by settlement. The appeal by Reliance General Insurance Co Ltd — recorded as renamed Indusind General Insurance Company Limited (IGICL), per IRDAI NOC and fresh ROC certificate of incorporation — challenged the MACT award dated 15.05.2015 awarding Rs. 45,60,000/- with interest @ 9% p.a. The entire awarded amount had been deposited with the Registrar General, Delhi High Court per order dated 03.08.2015, with 50% released. In terms of settlement: Rs. 75,000/- out of the deposited balance with accrued interest is to be refunded to the insurer; the remainder with total interest is to be released to the respondent/claimant(s) as per the proportions in the Tribunal's award; and the statutory amount with interest, if any, is refundable to the insurer on filing of the ROC certificate of incorporation and compliance of formalities. No adjudication on merits; no issue of law decided; no precedent discussed.

$~26

* IN THE HIGH COURT OF DELHI AT NEW DELHI NATIONAL LOK ADALAT

MAC.APP. 616/2015 RELIANCE GENERAL INSURANCE CO LTD .....Appellant Through: Mr. A. K. Soni and Mr. Pavan Kumar Vashishth, Advocates. versus VINITA MISHRA & ORS .....Respondents Through: Mr. S.N. Parashar, Advocate. CORAM: NATIONAL LOK ADALAT HON’BLE MR. JUSTICE RAJNEESH KUMAR GUPTA (PRESIDING OFFICER) MR. K. VENKATRAMAN, ADVOCATE (CO-MEMBER) O R D E R % 22.03.2026

Appellant Insurance Company has filed an appeal for reduction of the award dated 15.05.2015 passed by the Learned MACT, awarding a compensation of Rs. 45,60,000/- along with interest @ 9% p.a. from the date of filing of claim petition.

On appeal, the Insurance Company deposited entire awarded amount with up to date interest in terms of the order dated 03.08.2015 passed by this Hon’ble Court deposited before the Registrar General, Delhi High Court and direction was issued to release 50% of awarded amount in terms of the award of the Tribunal.

Learned Counsel for Insurance Company on instruction have submitted that the name of the appellant i.e. Reliance General Insurance Company has been changed to Indusind General Insurance Company Limited and the Learned counsel for the insurance company has further submitted that NOC has been issued by IRDAI and new certificate of incorporation issued by ROC in favour of IGICL.

This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 25/03/2026 at 13:01:29

It is submitted that from now onwards, the name of the appellant shall be read as Indusind General Insurance Company Limited (formerly -Reliance General Insurance Company).

After comprehensive discussions, it is agreed between the learned Counsel for the parties that out of the balance deposited amount along with the accrued interest lying before the Registrar General, lump sum amount Rs. 75,000/- be refunded to Insurance Company and balance amount lying deposited before the Registrar General along with the total interest after deducting Rs. 75,000/- shall be directed to be released to the respondent/claimant(s) as per the proportions detailed in the award of the Tribunal, subject to compliance of all the required formalities.

On filing of the copy of certificate of incorporation issued by ROC in favour of IGICL, in the Registry, the statutory amount along with the interest, if any, be refunded to Indusind General Insurance Company Limited on compliance of all the requisite formalities.

Accordingly, the present appeal along with the pending applications, if any, is disposed of with directions in term of the settlement.

(RAJNEESH KUMAR GUPTA) PRESIDING OFFICER

K. VENKATRAMAN COMEMBER

MARCH 22, 2026/ MR

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 25/03/2026 at 13:01:29