MP HC Clarifies – Accident Compensation Can Be Credited in Any Nationalised Bank
Bar Bulletin and the Judgment dated 29.10.2026 of the High Court of Madhya Pradesh at Indore in Civil Revision No.1066 of 2026 of Smt.Shain and others Vs. The New India Assurance Co. Ltd through Branch Manager and others
- The petitioners have impugned order dated 31.7.2026 passed by the learned Member, Motor Accident Claims Tribunal, Neemuch, District Neemuch in MACC No. 141/2024, whereby the learned Tribunal has recalled the earlier order dated 3.7.2026 to the extent that the amount, which is required to be invested in FDR, can be invested only in bank account maintained with Union Bank of India. The tribunal further passed the order dated 5.8.2026 and explained that the Supreme Court in W.P.(C) No.7/20224 ( the correct number is Suo Motu the correct number is Suo Motu W.P. (C) No.7/2024 W.P. (C) No.7/2024 ) by order dated 22.4.2025 issued the directions to the High Courts and in compliance M.P. High Court has created an integrated online system for disbursement of the claim amounts to the claimants directly in their bank account maintained with UBI and by order dated 25.9.2025 issued by the Hon’ble Chief Justice of M.P. High Court and one Letter No. B/7344/Reg.(I.T.)/2025 dated 8.10.2025, it has been directed to create fixed deposit receipts only in Union Bank of India, therefore in view of the order passed by the Supreme Court,
- These two orders have been challenged by the claimants on the ground that there is no such instructions issued either by the Supreme Court or by the Hon’ble Chief Justice of M.P. High Court or the Registry of M.P. High Court that the amount can be transferred only in the bank account of the claimant maintained with the Union Bank of India. The counsel appearing on behalf of the petitioners submits that the amount can be transferred in the bank account of the claimant directly maintained with any branch of any Nationalized Bank.thers
Assurance Co. Ltd through Branch Manager and others
