The New India Assurance Company Ltd. v. Anita Devi W/o Late Sh. Anil Kumar
Case brief
What is this about?
Interim release of deposited motor accident award: FAO (MV) No. 170/2025, NIAC Ltd. (appellant) Vs. Anita Devi & Ors.; CMP No. 30215/2025 under Section 151 CPC by applicant/respondent No. 2 Tamanna; 30% of awarded amount released with upto-date interest from Registry deposit, payable to her bank account after verification and identification; refundable with interest @ 6% per annum if appeal allowed; opposed by Insurance Company (NIAC Ltd.) on recoverability grounds; decided by Sushil Kukreja, Judge, on 04.05.2026; application disposed of.
What did the court decide?
Release of 30% of the awarded amount lying deposited in the Registry, as per the share of applicant/respondent No. 2, Tamanna, alongwith upto-date interest, after proper verification and identification, by remittance to her bank account; release subject to the final outcome of the appeal, with refund of the released amount carrying interest @ 6% per annum if the appeal is allowed.