Shraddha Suraj Patil and Ors. v. General Manager,the New India Assurance Co. Ltd.
Case brief
What is this about?
Partial release of deposited motor-accident award pending insurer's appeal; Bombay HC IA 9349/2025 in FA(ST) 32357/2024; MACT Nashik MACP 757/2015; award Rs. 70,70,309 plus 7.5% p.a. interest dated 07.12.2023; entire decretal amount deposited before Tribunal; claimant-heirs (Dr. Suraj Patil) allowed 20% withdrawal with accrued interest subject to refund undertaking; insurer plea: negligence of Mahindra-XUV driver Dr. Pratap Shelke, FIR lodged, witness Dr. Umesh Bhosale admission; balance of equities; disposed 04.09.2025; Coram: B. P. Colabawalla and Amit S. Jamsandekar, JJ.
What did the court decide?
Applicants permitted to withdraw 20% of the amount deposited before the MACT (with accrued interest), upon furnishing an undertaking to the MACT that if the Appeal succeeds they will return the withdrawn amount with interest at the rate fixed by the Court at the final hearing; no order as to costs.