National Insurance Co. Ltd. Thru. Regional Manager,Lucknow v. Uma Devi and 7 Others
Case brief
What is this about?
Withdrawal of deposited motor accident compensation pending first appeal - Allahabad High Court (Lucknow Bench) allows claimants to apply to the Tribunal within 20 days for release of 50% of the insurer's deposited compensation with interest in equal proportionate shares per the impugned award, on furnishing security/indemnity within four weeks; balance 50% in nationalized bank fixed deposit till final decision of appeal; statutory deposit of Rs. 25,000/- transmitted to Tribunal for adjustment (C.M. Application No. IA/2/2026 in re FAFO No. 49 of 2025, with connected FAFO No. 356 of 2024).
What did the court decide?
Claimants permitted to move an application for withdrawal of the compensation amount before the Tribunal concerned within twenty days; on such application the Tribunal to release 50% of the deposited amount with interest in equal proportionate shares as per the impugned award's directions, on furnishing security/indemnity within four weeks; remaining 50% to be invested in a maximum interest bearing fixed deposit of a nationalized bank till final decision of the appeal; statutory deposit of Rs.25,000/- to be transmitted forthwith to the Tribunal towards adjustment against compensation payable; cases listed on 17.02.2026.