Oriental Insurance Offers Rs10L Settlement

Authority: Supreme Court (Special Lok Adalat)

Order Date: 23-08-2026

Case Overview

• Petition for Special Leave to Appeal (C) No. 24612/2024 filed by D.K. Jain against Oriental Insurance Co. Ltd. & others.
• The dispute relates to compensation awarded by the High Court; parties agreed to an additional global compensation of Rs 10,00,000.
• The offer was digitally signed by Rahul Kumar on 10 Sep 2026 at 15:41:35 IST (signature not verified) and accepted by the petitioner.
• Parties agreed the amount will be deposited within thirty (30) days of the order’s uploading; petitioner may furnish bank details for NEFT/RTGS transfer.
• Counsel indicated that the award may be passed based on this settlement, and the registry will draw the award accordingly.

Final Outcome

• The Special Leave Petition is disposed of pursuant to the settlement.
• Oriental Insurance Co. Ltd. is directed to pay Rs 10 lakh to the petitioner within thirty days of order upload; upon receipt, the petitioner may withdraw the claim.

Topics: Settlement, Insurance, Supreme Court