Manoj Kumar S/O Ramcharan v. Icici Lombard General Insurance Company Limited
Case brief
What is this about?
The High Court interfered with an order declining the withdrawal of fixed deposit amounts. The petitioner, injured in a road accident, sought to utilize half of the deposits for agricultural operations. The Court allowed the withdrawal request.
What did the court decide?
Petitioner is entitled to withdraw 50% of the amounts of the Fixed Deposit Receipts involved.