United India Insurance Co. Ltd., Amravati Divisional Office through the Regional Manager v. Smt. Kumud Suryabhan Pohekar and Others
Case brief
What is this about?
The court allowed the appellant insurance company to withdraw 50% of the deposited compensation amount on furnishing solvent surety, directing the balance into fixed deposits.
What did the court decide?
Allow withdrawal of 50% of deposited amount upon furnishing solvent surety; balance to be deposited in fixed deposits.