Magma Hdi General Insurance Co. Ltd., Thr. Dy. Manager (Legal), Krishnakant M. Samtani, Nagpur v. Vilas S/O Suryabhan Gabhane and Another
Case brief
What is this about?
The court allowed a respondent's application to withdraw 50% of the total deposited decretal amount of Rs. 11,72,457/- to meet livelihood needs. It also stayed the execution of the impugned judgment following the appellant's compliance with earlier conditional orders.
What did the court decide?
Permission granted to respondent to withdraw 50% of the deposited amount on usual undertaking; execution of impugned judgment stayed.