Kishor Eknath Raut v. Reliance General Insurance Co. Ltd.
Case brief
What is this about?
Withdrawal of amount deposited in High Court under impugned judgment and award; Civil Application No. 207 of 2026 in First Appeal FA/1749/2025; Kishor Eknath Raut v. Reliance General Insurance Co. Ltd.; Bombay High Court Aurangabad Bench; Justice Sanjay A. Deshmukh; order dated 09-01-2026; partly allowed; 25% withdrawal on usual undertaking; further 25% against solvent surety/security acceptable to Registrar (Judicial); no insistence on actual valuation of surety's property; balance in fixed deposit with nationalized bank till disposal of appeal; insurer's objection that liability in three-vehicle accident fell on its insured vehicle; appeal notice returnable 06-03-2026; R. V. Gore waived notice for respondent No.1.
What did the court decide?
Applicant permitted to withdraw 50% of the amount deposited by the appellant in this Court, with accrued interest, in two tranches of 25% each - the first on the usual undertaking and the second against solvent surety/security satisfactory to the learned Registrar (Judicial), the Registry being directed not to insist on actual valuation of the surety's property; the remaining amount to be kept in fixed deposit in a nationalized bank till disposal of the appeal. Appeal notices returnable on 6 March 2026.