Alisha Naim Bhojkar and Anr. v. Bajaj Allianz General Insurance Company Ltd. Thr. the Divisional Manager
Case brief
What is this about?
Stay of MACT Kolhapur award (MACP No.38/2022 dated 22.03.2024) pending First Appeal No.1205 of 2024; Bajaj Allianz General Insurance; entire compensation deposited with Tribunal; 35% interim withdrawal of compensation share with proportionate interest by widow and mother of deceased; refund undertaking if appeal succeeds; investment of balance with nationalized bank at highest interest; transfer of statutory deposit from High Court to Tribunal; Bombay High Court; Shyam C. Chandak, J.; order dated 10 February 2025; motor accident compensation; interim applications disposed.
What did the court decide?
Stay of the impugned Judgment and Award dated 22.03.2024 till final adjudication of First Appeal No.1205 of 2024; Applicants permitted to withdraw 35% of the compensation amount of their share with proportionate interest, subject to undertaking to refund with interest if the Appellant succeeds; remaining amount to be invested by the Tribunal with a nationalized bank giving highest interest; statutory deposit in this Court to be transferred to the Tribunal. Both Interim Applications Nos.10810 and 14421 of 2024 stand disposed of.