Renuka Manoj Chavan and Anr. v. Maharashtra State Road Transport Corporation
Case brief
What is this about?
This application allowed withdrawal of Rs. 1,50,000 for the applicants while directing the tribunal-directed fixed deposit of Rs. 3,00,000 for a minor to remain secured with interest accessible every quarter.
What did the court decide?
An amount of Rs. 1,50,000 allowed for withdrawal; remaining amount to be kept in fixed deposit; interest on fixed deposit to be withdrawn quarterly.