The Oriental Insurance Co. Ltd., Thr. Its Manager, Nagpur v. Prajay Prabhudas Deogade Thr. P.O.A. Prabhudas S/O Ganuji Deogade
Case brief
What is this about?
Bombay High Court, Nagpur Bench; CAF 2328/2025 in First Appeal 733/2025; Oriental Insurance Co Ltd v. Prajay s/o Prabudas Deogade; decided 08-07-2025 by Abhay J. Mantri, J.; motor-appeal compensation deposit; partial release of 50% of deposited compensation with accrued interest on usual undertaking; Registrar (J) to remit amount to applicant's bank account within four weeks; application disposed of; interlocutory order; no statutory provisions or precedents discussed.
What did the court decide?
Permission to the applicant/respondent No.1 to withdraw 50% of the compensation amount deposited in the Court, along with accrued interest thereon, on the usual undertaking; Registrar (J) directed to transfer that amount with accrued interest into the applicant's bank account within four weeks upon furnishing the undertaking and bank account details to the Registry.