Oriental Insurance Co. Ltd. v. Praneswar Rabha
Case brief
What is this about?
Insurance company sought stay of execution of a Motor Accident Claims Tribunal award pending its appeal. The court stayed execution on condition that the appellant deposit 50% of the awarded amount within four weeks, to be disbursed to claimants and kept in fixed deposit with accrued interest.
What did the court decide?
Execution of award dated 20.12.2021 stayed during pendency of MACAppeal No. 122/2026, subject to deposit of 50% awarded amount within four weeks; deposited sum to be disbursed/fixed-deposited for clai