S. Vanitha v. The Managing Director
Case brief
What is this about?
Withdrawal of deposited motor accident compensation; partial release of 50% deposit (Rs.20,07,481/-) to widow and parents of deceased; reinvestment of balance with accrued interest in names of minor claimants; interest withdrawal for minors' expenses and emergencies; MACT (Special Principal Sub Court) Kumbakonam award Rs.40,64,963/- in M.C.O.P.No.189 of 2022; Tamil Nadu State Transport Corporation Ltd., Kumbakonam; CMP(MD)No.15540 of 2024 in CMA(MD)No.873 of 2024; Madurai Bench of Madras High Court; Dr Justice G. Jayachandran; order dated 13-02-2025.
What did the court decide?
Permission to withdraw part of the deposited compensation: Rs.10,00,000/- by the first petitioner and Rs.1,50,000/- each by petitioners 4 and 5; the balance with accrued interest to be reinvested jointly in the names of minor petitioners 2 and 3, with accrued interest withdrawable by the first petitioner for the minors' expenses and emergent needs.