Reliance Gen. Insu. Co. Ltd., Akola Thr. Manager, Nagpur Office, Nagpur v. Rafia Anjum Wd/O Altaf Beg and Others
Case brief
What is this about?
Claimants in a motor accident case sought withdrawal of compensation deposited by the insurer pending its first appeal. The court allowed withdrawal of 50% of the amount on an undertaking to redeposit with interest if the appeal succeeds.
What did the court decide?
Claimants permitted to withdraw 50% of deposited compensation on undertaking to redeposit with interest if appeal is allowed; disbursement per Tribunal award.