Victor Daniel., v. United India Insurance Co. Ltd.
Case brief
What is this about?
This judgment allows an injured applicant to withdraw 50% of the compensation deposited. The court directed release of ₹10 lakhs via an undertaking and ₹15 lakhs via security, safeguarding the insurance company's right of recovery.
What did the court decide?
Withdrawal of ₹10 lakhs on undertaking and ₹15 lakhs on security furnished to the Registrar (Judicial).