Prem Ganesh Gavali (Minor) Thr. Mother Guardian APPL.NO.4 and Ors. v. Acko General Insurance Co. Ltd, through the Manager
Case brief
What is this about?
This is an interim application in an appeal concerning insurance claims. The applicant, representing a minor child whose sole earning member died, sought funds for daily expenses. The court allowed the application, permitting 50% withdrawal of the deposited amount along with interest upon undertaking.
What did the court decide?
Permission to withdraw 50% of the deposited amount along with accrued interest upon furnishing an undertaking.