Authority: Supreme Court of India
Order Date: 01-09-2026
Case Overview
- Petitioners: IndusInd General Insurance Co Ltd; Respondents: G C Aggarwal & Ors.
- Origin: Special Leave to Appeal petitions Nos.29199‑29200/2026 arising from High Court of Delhi judgments dated 26‑05‑2026 in MAC.APP. No.1181/2014 and No.535/2016.
- Hearing held on 01‑09‑2026 before a bench of Justices Satish Chandra Sharma and Nongmeikapam Kotiswar Singh.
- Counsel for petitioner: Najmi Waziri (Senior Advocate), Rajeev Maheshwaranand Roy (AOR), Nilesh Kumar (Advocate). No counsel listed for respondents.
Order
1. Issue notice, returnable within four weeks.
2. IndusInd Insurance shall deposit the entire awarded amount together with interest in the Court Registry. The deposited sum shall be placed in an interest‑bearing term deposit with a nationalised bank on an auto‑renewal basis. Claimants may withdraw the deposited amount except Rs 20 lakh and the interest accrued thereon, which they have allegedly already received under the Employees Group Personal Accident Insurance Policy.
Final Outcome
- The Court directed immediate deposit of the award and interest, limiting the claimants’ withdrawal to all amounts except Rs 20 lakh and accrued interest, and ordered issuance of a notice to be returned in four weeks.
Topics: Insurance, Court Order