The New India Assurance Co. Ltd vs Smt. Manju Devi W/O Late Shri ...

Citation : 2023 Latest Caselaw 906 Raj/2
Judgement Date : 27 January, 2023

Rajasthan High Court
The New India Assurance Co. Ltd vs Smt. Manju Devi W/O Late Shri ... on 27 January, 2023
Bench: Chandra Kumar Songara
                                            HIGH COURT OF JUDICATURE FOR RAJASTHAN
                                                        BENCH AT JAIPUR

                                                  S.B. Civil Miscellaneous Appeal No. 3601/2022
                                    The New India Assurance Co. Ltd.
                                                                                                          ----Appellant
                                                                          Versus
                                    Smt. Manju Devi W/o Late Shri Krishan Pandey & Ors.
                                                                                                       ----Respondents

For Appellant(s) : Mr. Rishipal Agarwal HON'BLE MR. JUSTICE CHANDRA KUMAR SONGARA Order 27/01/2023 Heard.

Issue notice.

S.B. Civil Misc. Stay Application No.3248/2022 Operation/execution of the impugned judgment and award dated 15.10.2022 passed by the Motor Accident Claims Tribunal, Jaipur Metropolitan, Jaipur is stayed on the condition that the appellant deposits the entire award amount within one month from today with the Tribunal. On such deposit being made, the claimants shall be at liberty to withdraw 50% out of the said deposit 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 its realization. The remaining 50% of the award amount be invested in the FDR in a nationalized bank for a period of one year which shall be renewed from time to time.

Stay application stands disposed of.

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