MACA/757/2023 of THE MANAGER,LEGAL,M/S.BAJAJ ALLIANZ GENERAL INSURANCE CO.LTD. Vs SATYABHAMA SETHY on 12 September 2026

1. The record is put up today in the 3rd National Lok Adalat, 2026.

2. The joint compromise petition filed by the Bajaj Allianz General Insurance Company Limited, Bhubaneswar (hereinafter referred to as “the insurer”) and the Respondent No.2-Satyabhama Sethy, R3- Rasmita Sethy and R4-Chakradhar Sethy, being minor represented by mother guardian R3-Rasmita Sethy is taken up for consideration in presence of Mr.Adam Ali Khan, learned counsel for the appellant and Mr.Pradeep Kumar Mishra, learned counsel for the Respondent Nos. 2 to 4 and on being asked, the parties being identified by their respective counsels expressed satisfaction over the compromise and settled claim amount of Rs.11,50,000/-. In addition, Ms. Bansita Sahoo, the authorized representative of the insurer is present. The parties, who are present

along with their counsels, signed on the joint compromise petition and they expressed that they have signed the joint compromise petition without undue influence or coercion. It, therefore, appears that the parties have amicably settled the matter outside Court on the intervention of the learned counsel for the parties and the compromise appears to be genuine and lawful. Accordingly, the compromise between the parties stands allowed and the claim preferred by the claimant-Respondent Nos. 2 to 4 is settled at a consolidated sum of Rs.11,50,000/- including the interest towards full and final settlement of the case. The compromise petition does form part of the record.

3. Hence, the Appeal stands disposed of in terms of the compromise and the insurer is, hereby, directed to pay the consolidated amount of Rs.11,50,000/- within eight weeks hence. On deposit of the compensation amount of Rs.11,50,000/-, the same shall be disbursed to the Respondent Nos. 2 to 4-cum- claimants in following proportions:-

(i) a sum of Rs.5,50,000/- shall be kept in fixed deposit in any Nationalized Bank in the name of R4-Chakradhar Sethy for five years,

(ii) a sum of Rs.3 Lakhs shall be kept in fixed deposit in any Nationalized Bank in the name of R3-Rasmita Sethy for five years,

(iii) a sum of Rs.1 Lakh shall be kept in fixed deposit in any Nationalized Bank in the name of R2-Satyabhama Sethy for three years &

(iv) the rest amount shall be disbursed to the claimants in cash proportionately.

4. The statutory deposit be refunded to the appellant-insurer on proof of deposit of the compensation amount before the learned tribunal.

(G. Satapathy Judge)

3rd National Lok Adalat

Subhasmita

Digitally Signed Signed by: SUBHASMITA DAS Designation: Sr. Stenographer Reason: Authentication Location: High Court of Orissa Date: 12-Sep-2026 19:12:41 Signature Not Verified