Reliance Gen. Ins. Co. Ltd., Pune v. Shamla @ Shyamala Ashok Naidu and Ors.
Case brief
What is this about?
First Appeal No. 135 of 2024, Bombay High Court, Reliance General Insurance Co. Ltd. v. Shamla @ Shyamala Ashok Naidu & Ors.; interim order permitting 50% withdrawal of Tribunal-awarded amount with accrued interest subject to undertaking; confirmation of stay of impugned Tribunal order till final disposal of appeal; appeal admitted; R & P called; insurance company appellant; claimant respondents; interlocutory order, no statutory provisions or case law cited.
What did the court decide?
Both Interim Applications (Nos. 9924 of 2024 and 1272 of 2024) disposed of: applicants permitted to withdraw 50% of their share as directed by the Tribunal with accrued interest till date, subject to usual undertaking; stay of the impugned order confirmed till final disposal of the appeal; appeals admitted and R & P called. ¶35