Bajaj Allianz General Insurance Co. Ltd. v. Shobha Prakash Saptal and Others
Case brief
What is this about?
Bajaj Allianz General Insurance Co Ltd; Bhagyashri Pravin Pawar; First Appeal No. 516 of 2025; First Appeal No. 518 of 2025; Civil Application No. 2715 of 2025; Aurangabad Bench; Sanjay A. Deshmukh; stay to execution of judgment and award; withdrawal of deposited award amount; 50% withdrawal with accrued interest; undertaking to Registrar (Judicial); fixed deposit in nationalized bank; involvement of offending vehicle seriously doubtful; 17 March 2026.
What did the court decide?
Stay to execution of the impugned judgment and award till pendency of the appeals; claimants permitted to withdraw 50% of the appellant's deposit with accrued interest on furnishing usual undertaking to the Registrar (Judicial); balance directed to be kept in fixed deposit in a nationalized bank till disposal of the appeal. ¶28