Disposed
The New India Insurance Company Ltd., through the Manager, Regional Office, Nagpur v. Smt. Dr. Bhagyashree Wd/O Dr. Anil Deshpande and 6 Others
Bombay HCCAF/2491/2012
Case brief
AI extract
What is this about?
An application was filed by an insurance company seeking withdrawal of a deposited amount. The Registrar allowed withdrawal of 50% of the amount upon furnishing a solvent surety, noting no reply was filed by the respondent.
What did the court decide?
Permission to withdraw 50% of the deposited amount on furnishing a solvent surety to the satisfaction of the Tribunal.