Cholamandalm Ms General Insurance Company Limited v. Smti Ponali Narah Alias Sonali Narah
Case brief
What is this about?
This court disposed of an interlocutory application seeking a stay of execution of a Motor Accident Claims Tribunal award. The Interimstay trial allowed a partial deposit of 50% by the insurer before the main appeal hearing.
What did the court decide?
Executive of the MAC award is stayed pending appeal; applicant must deposit 50% of awarded amount and court to disburse to claimants upon furnishing indemnity bond.