Tata Aig General Insurance Co. Ltd. Mumbai v. Aman Abdul Baig and Anr.
Case brief
What is this about?
Insurer appealed a Claims Tribunal award directing payment of compensation. Court issued notice, granted stay of execution subject to deposit of the awarded amount with interest within eight weeks, and permitted the claimant to withdraw 30% on undertaking.
What did the court decide?
Stay of execution of award on deposit of amount with interest in eight weeks; claimant allowed to withdraw 30% on undertaking.