Manager, Legal, Cholamandalam Ms General Insurance Co.Ltd. v. Asha Roy
Case brief
What is this about?
Motor accident claims appeal (MACA No. 707 of 2024, High Court of Orissa at Cuttack, Justice V. Narasingh, 09.05.2026) settled at the 2nd National Lok Adalat by compromise: Cholamandalam M.S. General Insurance Co. Ltd. (appellant, counsel G.P. Dutta) with claimants Asha Roy and Satyajit Roy (counsel B. Singh) and ADB Logistics Private Limited; compensation modified to Rs.47,00,000/- consolidated; default interest 6% per annum waived; deposit before MACT-1, Balasore within eight weeks; refund of statutory deposit with accrued interest to insurer within six weeks of proof; no court fee; reapportionment left to Tribunal as per impugned Award; MACA disposed of.
What did the court decide?
Compensation modified as agreed to a consolidated sum of Rs.47,00,000/-; default interest at 6% per annum waived; awarded amount to be deposited before MACT-1, Balasore 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; MACT-1, Balasore to reapportion the agreed amount proportionately as per the impugned Award.