National Insurance Co. Ltd. Thr. Its Tp Hub v. Mr. Sandesh Madhukar Achrekar and Ors.
Bombay HCIA/8621/2024
Case brief
AI extract
What is this about?
Insurance company sought stay of a Tribunal award in an appeal. The court issued notice to the respondents and stayed the impugned order until the next date, subject to the applicant depositing the entire award amount with interest before the Tribunal within eight weeks.
What did the court decide?
Impugned Tribunal order stayed till next date, conditional on deposit of entire award amount with interest within eight weeks.