M/S Iffco-Tokio Gic Ltd., v. Sri. Babu
Case brief
What is this about?
MFA No. 6515 of 2019 (MV-D), High Court of Karnataka at Bengaluru, decided 19-02-2026 (NC: 2026:KHC:10138-DB); Bench: D K Singh and S Rachaiah (judgment per D K Singh). Appellant: M/S IFFCO-Tokio GIC Ltd. (adv. Sanmathi E I); Respondents: Sri. Babu and Smt. Shanthamma (adv. Muniyappa D), M/S Sri. Maruthi Enterprises (adv. S G Hegde). Appeal under S.173(1) MV Act against award dated 27/06/2019 in MVC No.3482/2018 of MACT (SCCH-20), Mayo Hall Unit, Bengaluru. Disposed of on withdrawal memo: appeal dismissed as withdrawn; statutory deposit ordered to be transferred to jurisdictional Tribunal for claimants. Keywords: withdrawal of appeal, memo, statutory deposit, motor vehicles claims tribunal, no precedent cited.
What did the court decide?
Statutory amount deposited by the Insurance Company to be transferred to the jurisdictional Tribunal for realization in favour of the claimants.