United India Insurace Co. Ltd. v. Smt Amruna
Case brief
What is this about?
First appeal admitted by Insurance Company challenging MACT award. Interim stay granted on operation of award subject to deposit of entire awarded amount with interest within two months.
What did the court decide?
Stay granted on operation of impugned award subject to deposit of full award amount with interest within two months. Claimants entitled to withdraw 50% without surety; 50% to be invested in FD. Defaul