Reliance General Insurance Co.Ltd. v. Smt. Pravina Sandip Patil and Ors.
Case brief
What is this about?
In a first appeal by an insurer against a Tribunal's motor accident compensation award, the dependants sought interim withdrawal of the deposited amount citing financial hardship after the deceased Karta's death. The court allowed withdrawal of 50% with accrued interest on undertaking, stayed the impugned order till final disposal of the appeal, and listed the appeal for final hearing.
What did the court decide?
Applicants permitted to withdraw 50% of deposited amount with accrued interest on usual undertaking; Tribunal's impugned order stayed until final disposal of appeal.