Mr. Ashok Mahadev Tawre and Ors. v. Bajaj Allianz General Insurance Co. Ltd. Mumbai
Case brief
What is this about?
Interim withdrawal of motor-accident compensation pending appeal; Bombay High Court, Shyam C. Chandak, J., 09-04-2025; IA No. 4039 of 2025 in FA No. 1544 of 2024, Bajaj Allianz General Insurance Co. Ltd. v. Ashok Mahadev Tawre & Ors.; claimant/injured (accident December 2017, permanent partial disability) allowed 50% withdrawal with accrued interest on undertaking to refund with interest if insurer-appellant succeeds; balance to be invested by Tribunal in nationalised bank at highest interest; IA disposed of; appeal fixed for final hearing on 30-06-2025; no statutes or precedents cited.
What did the court decide?
Interim Application No. 4039 of 2025 disposed of: Applicant (original claimant/injured), who had sought withdrawal of the entire compensation amount, permitted to withdraw 50% with accrued interest subject to an undertaking to refund with interest if the Appellant succeeds in First Appeal No. 1544 of 2024; Tribunal to invest the balance in a nationalised bank giving highest interest. First Appeal stood over to 30th June 2025 for final hearing at the parties' request.