Prakash Balaji Gajbhare v. Reliance General Insurance Company, Thr Its Manager, Aurangabad and Anr.
Case brief
What is this about?
High Court permitted an applicant to withdraw the entire compensation amount deposited by an insurance company in a motor accident case, contingent on an undertaking to re-deposit funds within 12 weeks if an appeal fails.
What did the court decide?
Applicant permitted to withdraw entire amount of compensation deposited in court with interest upon undertaking to re-deposit within 12 weeks of adverse appeal order.