The Branch Manager the Cholamandalam M S General Insurance Company Limited v. Gokul Aasaram Patil and Others
Case brief
What is this about?
Disbursement of deposited motor accident compensation to parents of deceased; insurer's contention of no causa causans of death with accident rejected at this juncture; partial release of Rs.5,00,000/- on undertaking to Court; balance investment in Nationalized Bank; condonation of 54 days' delay; confirmation of ad-interim stay upon deposit of entire amount; admission of first appeal FAST/21032/2024; Cholamandalam MS General Insurance Co Ltd; Gokul Aasaram Patil; accident dated 25.01.2020; death dated 06.05.2020; Aurangabad Bench; Shailesh P. Brahme, J.; advocates Amol Sudam Mali and A. S. Usmanpurkar.
What did the court decide?
Withdrawal application partly allowed: the applicants (parents of the deceased) are permitted to receive Rs.5,00,000/- on furnishing an undertaking to the Court, and the balance amount is to be invested in any Nationalized Bank. The insurer's civil application is allowed and delay of 54 days is condoned. The ad-interim stay granted earlier stands confirmed as the entire amount has been deposited. The first appeal (FAST/21032/2024) is admitted, service of notice is waived by learned counsel Mr. Mali for respondent Nos.1 and 2, and Record and Proceedings are called for from the concerned Court.