Jammu and Kashmir High Court
MA/246/2015 of ORIENTAL INSURANCE CO.LTD. Vs MOHD.RIAZ AND ANR. on 6 August 2026
OF JAMMU & KASHMIR AND LADAKH AT JAMMU MA No. 246/2015 Oriental Insurance Co. Ltd. …..Appellant(s)/Petitioner(s) Through: Mr. Vishnu Gupta, Advocate. vs Mohd. Riaz and Anr. .…. Respondent(s) Through: Mr. M. Y. Akhoon, Advocate. Coram: HON’BLE MR. JUSTICE RAJNESH OSWAL,
HIGH COURT OF JAMMU & KASHMIR AND LADAKH
AT JAMMU
MA No. 246/2015
Oriental Insurance Co. Ltd.
…..Appellant(s)/Petitioner(s)
Through: Mr. Vishnu Gupta, Advocate.
vs
Mohd. Riaz and Anr.
.…. Respondent(s)
Through: Mr. M. Y. Akhoon, Advocate.
Coram: HON’BLE MR. JUSTICE RAJNESH OSWAL, JUDGE
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ORDER
06.08.2026
1. Learned counsel for the contesting parties submits that compensation payable to the claimant i.e. respondent No. 1 stands settled during the mediation proceedings conducted by the Mediator.
2. As per the settlement, the total lump sum amount payable to respondent No. 1 is Rs. 15,50,000/- including the amount of Rs. 8,25,000/- stands already received by respondent No. 1.
3. In view of the above, the present appeal is disposed of as settled between the appellant and respondent No. 1 and an amount of Rs. 7,25,000/- be released in favour of respondent No.1 after deducting court fee in terms of award. The balance amount, if any, along with interest shall be released in favour of the appellant/insurance company.
(RAJNESH OSWAL)
JUDGE
Jammu 06.08.2026 Neha-1
Serial No. 76 Neha Kumari 2026.08.06 16:09 I attest to the accuracy and integrity of this document Jammu