Bajaj Allianz General Insurance Company Ltd., Mumbai v. Subhash Namdev Hiwale and Anr.
Case brief
What is this about?
The High Court of Bombay disposed of an interim application in a civil appeal regarding insurance recovery. The court permitted the applicant-respondent to withdraw 80% of the deposited amount along with accrued interest, subject to an undertaking.
What did the court decide?
Applicant-Respondent No. 1 permitted to withdraw 80% of deposited amount alongwith accrued interest upon furnishing an undertaking.