Disposed
Raghunath Sadu Shinde v. the New India Assurance Co. Ltd.
Bombay HCCAF/820/2010
Case brief
AI extract
What is this about?
The High Court permitted the applicant, injured in an accident, to withdraw 50% of compensation deposited by the respondent Insurance Company, requiring the balance to be invested in a nationalized bank for interest until disposal.
What did the court decide?
Allowed withdrawal of 50% of deposited compensation; balance to be invested in a nationalized bank with quarterly interest.