Disposed
New India Assurance Co. Ltd. v. Smt. Hausabai Arjun Shinde and Ors.
Bombay HCCAF/4111/2016
Case brief
AI extract
What is this about?
The High Court disposed of multiple civil applications filed by New India Assurance Co. Ltd. The Court permitted the claimants to withdraw 50% of deposited compensation subject to an undertaking to repay the amount with interest if the appeal succeeds.
What did the court decide?
Claimants permitted to withdraw 50% of deposited compensation subject to undertaking to repay with interest if appeal succeeds; remaining amount to be invested in fixed deposit.