Authority: High Court of Orissa at Cuttack
Order Date: 12 September 2026
Case Overview
- Case cited as MAC No.757 of 2023, CNR No. ODHC010616002023, heard before Justice G. Satapathy in the 3rd National Lok Adalat, 2026.
- Parties: Appellant – Manager, Legal, M/s. Bajaj Allianz General Insurance Company Limited, Bhubaneswar; Respondents – Satyabhama Sethy (R2) and minors Rasmita Sethy (R3) and Chakradhar Sethy (R4) represented by mother guardian Rasmita Sethy.
- Counsel: Mr. A.A. Khan for the insurer; Mr. P.K. Mishra for the respondents; Ms. Bansita Sahoo as authorized representative of the insurer.
- A joint compromise petition was filed and accepted, with the parties confirming settlement without undue influence.
- The claim amount settled is Rs.11,50,000 inclusive of interest, constituting a full and final settlement.
Final Outcome
- The compromise is allowed; the insurer is directed to pay the consolidated sum of Rs.11,50,000 within eight weeks of the order.
- Payment allocation:
(i) Rs.5,50,000 to be placed as a fixed deposit in any Nationalised Bank in the name of Chakradhar Sethy for five years;
(ii) Rs.3,00,000 to be placed as a fixed deposit in any Nationalised Bank in the name of Rasmita Sethy for five years;
(iii) Rs.1,00,000 to be placed as a fixed deposit in any Nationalised Bank in the name of Satyabhama Sethy for three years;
(iv) The remaining balance to be disbursed to the claimants in cash proportionately.
- The statutory deposit made by the insurer shall be refunded upon proof of deposit of the compensation amount before the learned tribunal.
- Order signed by Justice G. Satapathy; digitally signed by Subhasmita Das, Sr. Stenographer, on 12‑Sep‑2026 at 19:12:41.
Topics: Legal Settlement, Insurance Claim, Court Order