Jijabai Bhaurao Sathe and Ors. v. Reliance General Insurance Company Limited through the Divisional Office
Case brief
What is this about?
A single judge of the Bombay High Court allowed an interim application to withdraw 50% of the award amount pending appeal, subject to an undertaking to refund if the appeal succeeds. Balance funds to be invested.
What did the court decide?
Permission granted to withdraw 50% of the awarded amount with accrued interest, subject to undertaking for refund if appeal succeeds; balance invested in fixed deposit.