Reliance Nippon Life suitor fund Rs.50k released

Authority: Supreme Court of India (in chamber)

Order Date: 17-07-2026

Case Overview

• Petition: Reliance Nippon Life Insurance Company Limited (petitioner) vs Nirmala Devi (respondent) filed Miscellaneous Application No.2015/2024, Diary No.59506/2024, seeking directions on a deposited suitor fund of Rs. 50,000.
• The matter was listed for hearing on 17 July 2026 before Hon’ble Mr. Justice Sanjay Karol (in chamber). Counsel for petitioner: Mr. Daga Sachin Subhash, AOR; no counsel listed for respondent.
• The suitor fund pertains to a claim under the insurance policy, held by the insurer pending determination of the rightful claimant.

Final Outcome

• The Court ordered that the suitor fund amount of Rs. 50,000 be released to the rightful claimant(s) in accordance with the applicable Rules.
• Consequently, Miscellaneous Application Diary No. 59506/2024 was disposed of.

Topics: Legal Order, Insurance Claim