National Insurance Company v. Suvarna and Ors.
Case brief
What is this about?
Conditional/partial release of deposited compensation in a pending FAO appeal; interim release application (CMP No.32985 of 2025) by respondents No.2 and 3 (Anjana and Yoginder); release of Rs.3,00,000/- (Rs.1,50,000/- each) with up-to-date interest from Court Registry deposit; refund-with-interest safeguard if appeal succeeds for insurer-appellant; remittance to verified bank accounts; earlier release of Rs.6,00,000/- dated 10.10.2023 to respondents No.1 to 4; bench: Judge Bipin C. Negi; no statutory or precedent citations in the order.
What did the court decide?
Release of Rs.3,00,000/- (Rs.1,50,000/- each) with up-to-date interest from the amount lying deposited in the Registry in favour of applicants Anjana and Yoginder (respondents No.2 and 3); remittance to their bank accounts detailed in Paragraph-5(a) and 5(b) of the application, subject to proper verification of identities; refundable with accrued interest if the appeal is decided in favour of the appellants; application disposed of.