Bajaj Allianz General Insurance Co. Ltd., Mumbai v. Shrirang Ramchandra Shelar and Ors.
Case brief
What is this about?
Interim application granting stay on execution of a Claims Tribunal award deposited with 50% of the decretal amount permitting withdrawal of said deposit.
What did the court decide?
Stay granted to execution of Award subject to deposit; Claimants permitted to withdraw 50% along with accrued interest.