Authority: High Court of Jammu & Kashmir and Ladakh at Srinagar
Order Date: 04 July 2026
Case Overview
- Petitioners: Mohammad Shafi Peer (petitioner/appellant) represented by Advocate I.R. Wani.
- Respondent: Bajaj Allianz Insurance Co. Ltd (Th.its ARFEA Manager) represented by Advocate Imtiyaz Ahmad.
- Case No.: CM(M) 602/2025, pending since 2006, concerning an insurance claim.
- The court encouraged an amicable settlement, which both parties accepted.
Order Details
- Respondent to pay a lump‑sum amount of Rs 2.00 lakh in addition to Rs 30,000 already paid, within four weeks from the order date.
- This payment constitutes full and final settlement of the petitioner’s claim.
- The impugned order passed by the Commission is modified accordingly.
- If payment is not made within the stipulated period, petitioner will be entitled to the amount with interest at 8 % per annum.
Final Outcome
- The petition is disposed of on the basis of the settlement; Bajaj Allianz must comply with the payment terms or face interest liability.
Topics: Insurance Settlement, Court Order