National Insurance Settles Rs 14 Lakh Claim

Authority: Supreme Court of India

Order Date: 09-10-2026

Case Overview

• Petition for Special Leave to Appeal (C) No. 30160/2025 filed by Vijay Kumar against National Insurance Company Ltd, arising from the impugned final judgment and order dated 01-03-2024 in SBCMA No. 1729/2019 passed by the High Court of Judicature for Rajasthan at Jaipur.
• The petition was heard before Hon'ble Mr. Justice Satish Chandra Sharma and Hon'ble Mr. Justice Nongmeikapam Kotiswar Singh.
• Counsel for both parties informed the Court that the dispute had been amicably settled.
• The petitioner agreed to accept an additional lump‑sum amount of Rs 14,00,000 (Rupees Fourteen Lakhs only) over and above the compensation awarded by the High Court.

Final Outcome

1. The respondent (National Insurance Company Ltd) shall deposit/pay the agreed amount within six weeks from the date of the order.

2. The petitioner shall furnish his bank account details to the Insurance Company within one week to facilitate the transfer.

3. With these observations, the Special Leave Petition stands disposed of.

4. Any pending applications, if any, are also ordered to stand disposed of.

Topics: Legal Settlement, Insurance