The Oriental Insurance Company Limited v. Yashveer Singh and 2 Others
Case brief
What is this about?
Insurance company's first appeal from order against motor accident compensation award; conditional interim stay requiring deposit of entire awarded amount with interest within three months and release to claimant without security; automatic vacatur of stay on default; statutory deposit Rs. 25,000 under proviso 173 Motor Vehicle Act credited toward tribunal deposit; Motor Accident Claims Tribunal Sambhal at Chandausi; M.A.C.P. No.25 of 2021; Oriental Insurance Co. Ltd. v. Yashveer Singh; companion appeal F.A.F.O. No.1259 of 2024; counter affidavit four weeks; listing 04.09.2025.
What did the court decide?
Appeal admitted; interim stay of operation of the impugned award dated 18.02.2025 until further orders, conditional on the appellant depositing the entire awarded amount with interest within three months, such deposit to be released to claimant/respondent no.1 without security; statutory deposit of Rs. 25,000/- to be remitted to the Tribunal for adjustment; interim order to stand vacated automatically on default.