Ashok S/O. Babasaheb Salgude and Ors. v. Maharashtra State Road Transport Corporation Limited, Thr.Divisional Controller Msrtc, Pune
Case brief
What is this about?
Claimants in a pending first appeal by MSRTC sought withdrawal of awarded compensation. The court permitted them to withdraw 50% of the awarded amount with interest on usual undertaking and directed the Tribunal to invest the balance in an FDR with a nationalised bank.
What did the court decide?
50% of awarded compensation with interest released to claimants on undertaking; balance invested in FDR in nationalised bank.