DIVISIONAL MANAGER M/S.IFFCO -TOKIO GENERAL INSURANCE CO.LTD., BBSR v. LATIKA MALLICK
MACA/137/2025 · 2026-05-09
Sanjay Kumar Mishra
body2025
DailyLaw.ai
[ 2025 DAILYLAW 6236 (ORI) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 6236 (ORI) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
IN THE HIGH COURT OF ORISSA AT CUTTACK
MACA No.137 of 2025
Divisional Manager M/s.
IFFCO-TOKIO General Insurance Co. LTD., Bhubaneswar …. Appellant
Mrs. R.Pati, Advocate
-versus-
Latika Mallick & another …. Respondents
Mr. P.K. Mishra, Advocate (For Respondent No.1)
CORAM: JUSTICE SANJAY KUMAR MISHRA
Order No.
ORDER 09.05.2026
03.
This matter is taken up through hybrid mode in the 2nd National Lok Adalat, 2026.
2. Mrs. Pati, learned Counsel for the Appellant files e-mail confirmation slip received from IFFCO TOKIO General Insurance Co. Ltd., Bhubaneswar authorizing her to sign compromise settlement on behalf of the Insurance Company in Lok Adalat today. The same is taken on record.
3.
Learned Counsel for the parties file the Joint Compromise Petition indicating therein that parties have arrived at a compromise without any coercion and undue influence and settled the dispute/claim at Rs.10,50,000/- (Rupees ten lakhs fifty thousand) towards consolidated compensation as against the compensation awarded vide judgment dated 23.10.2024 passed in M.A.C. Case No.1242 of 2014. The Joint Compromise Petition is taken on record. p. 2
4. Since parties are absent, on being asked, learned Counsel for the parties submit, they have executed the Joint Compromise Petition after taking consent from their respective clients.
5. The impugned Award is modified accordingly. As agreed between the parties, the amount, as indicated above, shall be deposited by the Insurance Company before the Tribunal in shape of cheque within eight weeks hence.
6. On deposit of the said amount, the Tribunal shall resettle the amount in favour of Respondent No.1 (Claimant before the Court below in M.A.C. Case No.1242 of 2014) in terms of the ratio fixed vide the impugned judgment.
7. Since the matter has been settled amicably, on filing of receipt before the Registry in proof of deposit of the compromised amount before the Tribunal, the statutory amount deposited by the Appellant-Insurance Company be refunded along with accrued interest thereon within a period of four weeks from the date of filing of receipt.
8. Accordingly, the MACA stands disposed of.
9. It is made clear that, since the Appeal is disposed of in Lok Adalat, no Court Fee shall be payable by the Claimants.
10. Free copy of this order be provided to the learned counsel for parties.
Prasant
(S. K. Mishra, J.) National Lok Adalat
Designation: Secretary Location: High Court of Orissa, Cuttack.