The Oriental Insurance Co. Ltd., Gondia Branch, Thr. Regional Manager, Nagpur v. Smt. Sulochana Wd/O Yogesh Yetre and Others
Case brief
What is this about?
Partial release of deposited compensation; 50% withdrawal with accrued interest on usual undertaking; insurance company appellant consented; Registrar (J) transfer direction within four weeks; fixed deposit for minor claimants till majority; admission of first appeal; tagging of connected appeal FA 759/2024 arising from same judgment and order; Motor Accident Claims compensation award context; High Court of Bombay, Nagpur Bench; Abhay J. Mantri, J.; order dated 21-07-2025.
What did the court decide?
Applicants/respondent Nos. 1 to 5 permitted to withdraw 50% of the compensation amount with accrued interest, as per the award, on furnishing a usual undertaking before the registry; Registrar (J) directed to transfer that amount to their bank accounts within four weeks; shares of minor applicant Nos. 2 and 3 to be kept in fixed deposits till majority; First Appeal No. 709 of 2024 admitted, record called for, and tagged with First Appeal No. 759/2024.