New India Assurance Co.Ltd Br. Manager, Nagpur, through Regional Manager, Nagpur v. Shobha Wd/O Bhagwan Kature and Others
Case brief
What is this about?
Withdrawal of compensation amount deposited in Court; 75% release with accrued interest on usual undertaking; Registrar (J) to transfer within five weeks in proportionate amounts as per award; applicants are respondent Nos. 1 and 2; appellant New India Assurance Co. Ltd.; Civil Application (CAF) No. 218 of 2025 in First Appeal No. 980 of 2024; Bombay High Court Nagpur Bench; Abhay J. Mantri, J.; application partly allowed; matter listed after two weeks.
What did the court decide?
Applicants/respondent Nos. 1 and 2 permitted to withdraw 75% of the compensation amount along with accrued interest thereon on usual undertaking; Registrar (J) directed to transfer the same within five weeks to their bank accounts in proportionate amounts as per the award, on furnishing the usual undertaking and bank account details. ¶16