National Insurance Co. Pays Rs 15 Lakh Settlement

Authority: Supreme Court Special Lok Adalat (Bench: Hon'ble Mrs. Justice B.V. Nagarathna, Hon'ble Mr. Justice Sanjeev Sachdeva, Mr. Singh)

Order Date: 07 September 2026

Case Overview

• Petitioners: Mumtaz & Ors; Respondent: The National Insurance Co. Ltd.
• Petition filed as Special Leave Petition (C) No.16103/2023 before the Supreme Court Special Lok Adalat.
• Both parties submitted a joint settlement proposal; petitioners willing to accept additional global compensation of Rs 15,00,000 without interest; insurer ready to pay.
• Counsel for petitioners: Mr. Sharanagouda Patil, Adv. Ms. Supreeta Sharanagouda, AOR Mr. Kotresh A M. Counsel for respondents: Ms. Meenakshi Midha, Adv. Mr. Garv Singh, Adv. Ms. Yadavi Malhotra, Adv. Mr. Chander Shekhar Ashri, AOR.

Final Outcome

• Court accepted the settlement and disposed of the Special Leave Petition.
• The insurer must deposit Rs 15,00,000 within four weeks of receipt of the order copy with the Motor Accidents Claims Tribunal (MACT), Udupi, Karnataka.
• Apportionment of compensation shall follow MACT directions.
• Settlement is read as part and parcel of this order; registry instructed to draw up an award accordingly.

Topics: Legal Settlement, Insurance Compensation, Supreme Court