Disposed
Smt. Bindu Santosh Prajapati and Anr. v. Reliance General Insurance Company Ltd.
Bombay HCIA/15499/2023
Case brief
AI extract
What is this about?
In an interim application before a First Appeal, the Court allowed the legal heirs to withdraw a partial insured sum with accrued interest upon furnishing an undertaking to repay if the appeal fails; the balance amount was directed to be invested in a fixed deposit.
What did the court decide?
Amount of Rs. 6,95,300/- along with accrued interest allowed to be withdrawn upon undertaking to return if appeal fails; balance amount ordered invested in fixed deposit.