Tata AIG Ordered to Release Rs 25 Lakh Compensation

Authority: Bombay High Court, Goa Bench

Order Date: 8 October 2026

Case Overview

• Applicants: Sameer Chandrakant Naik and four others (father of the deceased, husband of the deceased, and relatives).
• Respondent: Tata AIG General Insurance Co Ltd.
• The applicants sought withdrawal of part of the compensation amounting to Rs 53,87,368 that had been deposited in the Court registry following an accident claim.
• Reason for withdrawal: Respondent No.2 (the deceased’s daughter) requires funds for further education; Respondent No.3 (the deceased’s son) was a minor at the time the claim was filed.
• The application was filed by Mr. Vithal Naik (advocate) on behalf of the applicants; the respondent was represented by Mr. James Lopes.

Final Outcome

• The Court ordered that Rs 25,00,000 be remitted to the bank account of Applicant No.1 (the father/husband of the deceased).
• An affidavit containing the account details and a copy of the passbook must be filed in the registry.
• The amount is to be transferred within two weeks of filing the affidavit.
• All three applicants must file an undertaking in the usual form before the amount is released.
• Misc Civil Application No.524/2026 is hereby disposed of.

Topics: Compensation Release, Insurance Claim, Court Order