Icici Lombard General Insurance Co. Ltd., Nagpur v. Vikram S/O Shankar Ambarte and Other
Case brief
What is this about?
Bombay High Court, Nagpur Bench; Abhay J. Mantri, J.; order dated 21-07-2025; Civil Application (F) No. 1989 of 2025 in First Appeal No. 734 of 2024; ICICI Lombard General Insurance Co. Ltd. v. Vikram s/o Shankar Ambarte and another; interim release of compensation amount deposited by insurer; claimant permitted to withdraw 60% of total compensation with accrued interest; insurer's objection that auto-rickshaw insurance policy was fake; usual undertaking; Registrar (J) to transfer amount within five weeks; application disposed of; R & P called for in the appeal.
What did the court decide?
Permission to the applicant/respondent No.1 to withdraw 60% of the total compensation amount along with accrued interest thereon, on furnishing the usual undertaking; Registrar (J) to transfer the amount to his bank account within five weeks on furnishing the usual undertaking and his bank account details to the Registry.