Kavita Kundan Jadhav and Ors. v. Divisional Manager, Reliance G.I.C Ltd.
Case brief
What is this about?
Withdrawal of deposited MACT award amount pending first appeal; release of 20% of decretal deposit on refund undertaking; motor accident death claim; heirs of deceased passenger; insurer alleged negligence of XUV driver and FIR; MACT Nashik; First Appeal (ST) No.32341 of 2024; Rs.99,64,465/- with 7.5% p.a. interest; balance of equities; fruits of decree; stay deposit; Bombay High Court; September 4, 2025.
What did the court decide?
Applicants permitted to withdraw 20% of the amount deposited (with accrued interest) before the MACT, Nashik, upon furnishing an undertaking to refund the withdrawn amount with interest (at a rate to be decided at the final hearing) if the First Appeal succeeds; Interim Application disposed of with no order as to costs. ¶29