Authority: Supreme Court (Special Lok Adalat)

Order Date: 22-08-2026

Case Overview

  • Petitioners: Pandi​yan & Ors filed Special Leave to Appeal (C) No. 10539/2026 against Acko General Insurance Co. Ltd. and others.
  • The matter was heard before Hon'ble Mr. Justice Satish Chandra Sharma and Hon'ble Mr. Justice Nongmeikapam Kotiswar Singh, with senior counsel Mahalakshmi Pavani and advocate Rajat Mittal appearing for the parties.
  • Both parties consented to a settlement during the proceedings.
  • Settlement terms: Acko General Insurance Co. Ltd. will pay a lump‑sum amount of Rs 35,00,000 (Thirty‑Five Lakh Rupees) to the petitioners/claimants, after adjusting any amount already paid.
  • Payment timeline: The amount must be paid within eight weeks from the date of the order.
  • Interest clause: If payment is delayed beyond the stipulated period, interest at the rate of 9% per annum will accrue from the date of default until actual realization.

Final Outcome

  • The Special Leave Petition stands disposed in view of the settlement.
  • The settlement amount and interest provisions are binding on the respondent.

Topics: Insurance Settlement, Consumer Dispute