National Insurance Company Limited v. Smt. Maya Devi and 3 Others
Case brief
What is this about?
Insurer's first appeal (FAO No. 854 of 2026, Allahabad High Court, Abdul Shahid, J., decided April 16, 2026) against Tribunal award in M.A.C.P. No. 399 of 2019; admission-stage order with interim directions; deposit of entire awarded amount within one month; 50:50 split between release to claimants (Smt. Maya Devi and 3 Others) and investment in FDR/interest-fetching account in nationalised bank; statutory deposit of Rs.25,000/- remitted back to Tribunal; payments subject to final disposal of appeal; matter listed after six weeks.
What did the court decide?
Admission-stage interim directions: appeal admitted; notice to respondents No. 1 to 4; trial court record summoned; appellant to deposit the entire awarded amount in M.A.C.P. No. 399 of 2019 within one month, with 50% released to the claimants-respondents as per the Tribunal's directions and the balance 50% invested in an interest fetching account/FDR in a nationalised bank; statutory deposit of Rs.25,000/- remitted back to the Tribunal; both payments subject to final disposal of the appeal; matter listed after six weeks.