Reliance General Insurance Co. Ltd., Thr. Its Manager, Nagpur v. Smt. Krushna Wd/O Sanjay Bondre and Others
Case brief
What is this about?
Interim withdrawal of deposited compensation in insurer's first appeal on quantum; prima facie validation of salary computation (gross Rs.11,42,460/-, net Rs.10,62,460/- after tax, salary certificate Exhibit-44) and multiplier 11 for deceased teacher aged 54; 75% of deposit released with accrued interest subject to undertaking; Rs.10,00,000/- without interest to father (Respondent No.4, Chintaman Lahanuji Bondre); balance equally to Respondent Nos.1 to 3 with interest; notice to Respondent No.5 by all permissible modes; Reliance General Insurance Company Ltd.; Bombay High Court Nagpur Bench; Rohit W. Joshi, J.; 05.02.2025.
What did the court decide?
Respondent Nos.1 to 4 (Original Claim Petitioners) permitted to withdraw 75% of the amount deposited by the Appellant with accrued interest, subject to usual undertaking; Rs.10,00,000/- without interest to Respondent No.4 (father of the deceased); remaining amount in equal proportion to Respondent Nos.1 to 3 with accrued interest; Civil Application disposed of. In the First Appeal, Appellant to supply Memo of Appeal copy to the Registry for notice to Respondent No.5 and may serve Respondent No.5 by all permissible modes.