Disposed
Vijaymala Mahadling Mathpati and Ors. v. United India Assurance Company Ltd. through Divnl Office Aurangabad
Bombay HCCA/3761/2012
Case brief
AI extract
What is this about?
The court allowed the applicants to withdraw insurance proceeds. The non-applicant's counsel limited liability to 1 lakh; the court then allowed withdrawal of 1 lakh without security and 2 lakhs with solvent security to the respondent.
What did the court decide?
Allow applicants to withdraw Rs. 1,00,000 without security and Rs. 2,00,000 with solvent security; deposit remaining balance in fixed deposit.