ICICI Lombard Settles Rs146.8L Claim

Authority: Supreme Court Special Lok Adalat (Samadhan Samaroh)

Order Date: 22-08-2026

Petition: Special Leave Petition (C) No. 8251/2020 filed by ICICI Lombard General Insurance Company Ltd against Anubha Vaid & Ors.
Interim Applications: IA No. 163275/2025 (Application for Substitution) and IA No. 163267/2025 (Permission to File Additional Documents/Facts/Annexures).
Hearing Date: 22 August 2026.
Bench: Hon'ble Mr. Justice Ujjal Bhuyan and Hon'ble Mr. Justice Atul S. Chandurkar, with Senior Advocate M.R. Shamshad and Advocate-on-Record Meenesh Dubey.
Counsel for Parties: Mrs. Priya Puri (AOR) for the petitioner; Mr. Nikunj Arora and Adv. Santosh Kumar Pandey (AOR) for the respondents.
Settlement: Parties executed a settlement agreement dated 30‑05‑2026, which was placed on record.
Amount Deposited: ICICI Lombard had previously deposited Rs.1,46,83,505/- with the Motor Accident Claims Tribunal.
Terms: The insurer expressed no objection to releasing the deposited sum, together with accrued interest, to the insured claimant.
Timeline: Release to be effected within 02 weeks after completion of necessary formalities.

The Court passed an award in accordance with the settlement agreement, directing the release of the Rs.1,46,83,505/- plus interest to the claimant.
Both parties are bound by the terms and conditions of the settlement agreement/award.
The Special Leave Petition is disposed of based on the award, and the settlement agreement forms part of this award.

Topics: Settlement, Insurance Claim, Supreme Court