Bajirao Mahadeo Patil v. New India Assurance Co. Ltd. and Othrs
Case brief
What is this about?
The High Court Bench disposed of a Civil Appeal where the appellant, an Insurance company, opposed a withdrawal application. The court vacated a prior stay on Rs.70,000 awarded by the MACT and allowed the claimant to withdraw Rs.35,000 without security while investing the rest.
What did the court decide?
Stay on payment of Rs.70,000 vacated; leave granted to withdraw Rs.35,000 without security; balance to be invested.