Sk. Rafiq Sk. Aziz v. the New India Assurance Co. Ltd. Thr Its Auth. Signatory Ravikant Yadhav and Ors.
Case brief
What is this about?
In this civil application, the High Court allowed the applicants to withdraw 50% of the compensation deposited by the respondent insurance company, subject to an undertaking to redeposit the full amount in case of an adverse appellate order within 12 weeks, noting the object of the Motor Vehicles Act.
What did the court decide?
Applicants allowed to withdraw 50% of deposited compensation with interest, undertaking to redeposit full amount within 12 weeks if appeal fails.