Authority: Supreme Court Special Lok Adalat (Court No.4, Section IV-A)
Order Date: 23-08-2026
Case Overview
- Petitioner: Madhavi Kini filed Special Leave Petition (C) No. 25620/2026 against United India Insurance Company Ltd.
- The dispute originated from a motor accident claim where the Motor Accident Claims Tribunal (MACT) awarded compensation of Rs 10,50,400 with interest at 8%.
- The High Court subsequently enhanced the compensation to Rs 12,88,000 but reduced the interest rate payable to 6%.
- After consultation and negotiations, the parties reached a settlement agreement.
- Under the settlement, United India Insurance Company Ltd. will pay a consolidated additional amount of Rs 5,00,000 over and above the amount granted by the High Court.
- The payment is to be made within six weeks from the date of the order.
Final Outcome
- The settlement agreement is recorded, and the Special Leave Petition is disposed of.
Topics: Legal Settlement, Motor Accident Compensation