Magma Hdi General Insurance ... vs Smt. Aranta Devi W/O Late Shri ...

Citation : 2022 Latest Caselaw 4438 Raj/2
Judgement Date : 4 July, 2022

Rajasthan High Court
Magma Hdi General Insurance ... vs Smt. Aranta Devi W/O Late Shri ... on 4 July, 2022
Bench: Prakash Gupta
                                              HIGH COURT OF JUDICATURE FOR RAJASTHAN
                                                          BENCH AT JAIPUR
                                                 S.B. Civil Miscellaneous Appeal No. 1239/2022
                                   Magma Hdi General Insurance Company Limited                       ----Appellant
                                                                         Versus
                                   Smt. Aranta Devi W/o Late Shri Kalluram Gurjar and Ors.
                                                                                                     ----Respondents

For Appellant(s) : Mr. C.S. Jodha, Advocate HON'BLE MR. JUSTICE PRAKASH GUPTA Order 04/07/2022 Heard.

Issue notice to the respondents, returnable by 08.08.2022.

Necessary steps be taken within a week. Call for the record of the court below. In the meantime, operation/execution of the impugned judgment and award dated 04.04.2022 passed by the Motor Accident Claims Tribunal No.2, Jaipur Metropolitan First (for short, 'the Tribunal') is stayed on the condition that the appellant shall deposit the entire award amount within one month with the Tribunal. On such deposit being made, the claimants shall be at liberty to withdraw 50% out of the said amount on their furnishing an undertaking on oath to the effect that if the appellant ultimately succeeds in the appeal, the said amount shall be refunded with interest @6% per annum from the date of withdrawal till refund. The remaining 50% of the amount be invested in the FDR in a nationalised bank initially for a period of one year which shall be renewed from time to time.

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