Cholamandalam Ms General Insurance Company Ltd. v. Payal Baliarsingh
Case brief
What is this about?
Lok Adalat settlement of motor accident appeal; MACA No. 130 of 2023 (insurer's challenge) and MACA No. 228 of 2023 (claimants' enhancement claim) arising from M.A.C. No.72 of 2019; 1st MACT Mayurbhanj Baripada; Cholamandalam M.S. General Insurance Company Ltd.; Payal Baliarsingh; Jyotiranjan Nayak; Basanti Nayak; Tapan Kumar Panda; compensation quantified at Rs.22,00,000 (Twenty-Two Lakhs) consolidated including interest; waiver of default interest at 6% per annum; proportional reapportionment among claimants; deposit within eight weeks; refund of statutory deposit with accrued interest to insurer; exemption from Court fee; High Court of Orissa at Cuttack; Justice V. Narasingh; order dated 09.05.2026.
What did the court decide?
Compensation settled at Rs.22,00,000/- (Rupees Twenty-Two Lakhs) consolidated, inclusive of interest, via Lok Adalat compromise; both MACA No.130 of 2023 and MACA No.228 of 2023 disposed of; Tribunal (1st MACT, Mayurbhanj, Baripada) to reapportion the amount among claimants proportionately per the impugned Award; default interest at 6% per annum waived; deposit of settled amount before Tribunal within eight weeks; statutory deposit with accrued interest to be refunded to the Insurance Company within six weeks of proof of deposit; no Court fee payable by claimants.