The New India Assurance Co. Ltd. v. Smt. Rita Ramesh Uphadhaya and Ors.
Case brief
What is this about?
The Court disposed of two civil applications: one by applicants (widow and senior citizen parents) seeking withdrawal of a deposited tribunal award, and another by an insurance company seeking a stay on judgment execution. The Court allowed withdrawal of specified amounts for the applicants subject to filing an undertaking, which dispensed with the stay request.
What did the court decide?
Applicants permitted to withdraw Rs.6,00,000, Rs.30,000, Rs.2,00,000, and accrued interest subject to undertaking; stay application disposed of accordingly.