Smita Kishor Pagar and Ors. v. the Divisional Manager, the New India Assurance Co. Ltd, Nashik and Ors.
Case brief
What is this about?
The High Court allowed applicants to withdraw 50% of the compensation amount deposited with the Motor Accident Claims Tribunal. The court directed the return of funds if the appeal is allowed, remaining statutory deposit to be transferred to the Tribunal, and rest to a nationalized bank. The appeal was placed on future hearing.
What did the court decide?
Applicants allowed to withdraw 50% of deposited compensation; undertaking to return funds if appeal succeeds; remaining amount directed to specific banks.