Shriram General Insurance Company Ltd. Thru. Its Divisional Manager v. Arti Devi and 4 Others
Case brief
What is this about?
FAO 365 of 2025; Shriram General Insurance Company Ltd. v. Arti Devi & 4 others; Allahabad High Court Lucknow Bench; Prashant Kumar, J.; order dated January 28, 2026; motor accident claims; deposit of entire compensation with interest; adjustment of statutory deposit; investment in nationalized bank highest-rate fixed deposit; Motors Accident Claims Tribunal Faizabad; Claim Petition No.55 of 2019; interim securing order; next date 13.05.2026.
What did the court decide?
Interim directions: appellant to deposit the entire compensation with interest (after adjusting the statutory amount already deposited before this Court) within four weeks; on deposition, the sum to be invested in a highest-interest fixed deposit with a nationalized bank, subject to further orders; appeal listed for 13.05.2026. ¶1