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2025 DAILYLAW 9474 (ORI)

DIVISIONAL MANAGER,NATIONAL INSURANCE CO. LTD. v. BASANT KUMAR SENAPATI

MACA/24/2021 · 2025-09-13

S K Panigrahi

body2025

Judgment text

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p. 1 IN THE HIGH COURT OF ORISSA AT CUTTACK MACA No.24 of 2021 The Divisional Manager, National Insurance Co. Ltd. …. Appellant(s) Mr. B. P. Das, Adv. -versus- Basant Kumar Senapati & Anr. …. Respondent(s) Mr. Mallick Bebrat Smruti Ranjan, Adv. CORAM: DR. JUSTICE SANJEEB K PANIGRAHI Order No. ORDER 13.09.2025 04. 1. This matter is taken up through hybrid arrangement (virtual/physical mode) in the 3rd National Lok Adalat, 2025. 2. Learned counsel for the Appellant/ Insurance Company and learned counsel for the Respondent No.1/ Claimant are present. The Officers of the Insurance Company are also present. 3. The Appellant/ Insurance Company has filed this MACA challenging the judgment and award dated 14th November, 2019 passed by the learned 3rd M.A.C.T., Jagatsinghpur in M.A.C. Case No.02 of 2014 thereby directing the Appellant/ Insurance p. 2 p. 2 Company to pay award amount of Rs.1,32,400/- (Rupees One Lakh Thirty-Two Thousand Four Hundred Only) to the Respondent No.1 /Claimant with interest @ 7 % per annum from the date of application till payment within a period of one month of passing of that award. 4. At present, on the basis of the compromise made between the parties, the claim is settled by modifying/ reducing the amount awarded from Rs.1,32,400/- (Rupees One Lakh Thirty-Two Thousand Four Hundred Only) to Rs.1,00,000/- (Rupees One Lakh only) with interest @ 6 per cent per annum from the date of application. The Insurance Company undertakes to re-calculate and deposit the modified award amount before the learned 3rd MACT, Jagatsinghpur in MAC Case No.02 of 2014 within a period of eight weeks hence along with the interest @ 6 per cent per annum. 5. On deposit of the modified award amount along with the interest as stated above before the learned 3rd MACT, Jagatsingpur in MAC Case No.02 of 2014, the same shall be disbursed to the Respondent No.1 /Claimant, in terms of its order. Moreover, on filing of a receipt evidencing the deposit before this Court with a refund application, the statutory deposit, if any, made before this Court with accrued interest thereon shall p. 3 p. 3 be refunded to the Appellant/Insurance Company. The compromise sheet signed by both the parties/ their authorized representatives be kept on record. 6. The MACA is, accordingly, disposed of. (Dr. Sanjeeb K Panigrahi) Judge 3rd National Lok Adalat, 2025 Sumitra