Citation : 2021 Latest Caselaw 2972 AP
Judgement Date : 10 August, 2021
HIGH COURT OF ANDHRA PRADESH AT AMARAVATI
MAIN CASE NO.: MACMA No.423 of 2021
PROCEEDING SHEET
Sl. Date ORDER OFFICE
No. NOTE
. 10.08.2021 JB, J & KSR, J
(Proceedings taken up through video conferencing)
MACMA No.423 of 2021
Heard.
Admit. Notice.
I.A.No.1 of 2021
Heard.
Having regard to the facts, submissions and the issues raised
for consideration in the grounds of appeal, which require a detailed
examination, there shall be interim stay of execution of the
Judgment and decree, dated 03.02.2020 passed in MVOP No.97 of
2017 on the file of the Chairman, Motor Accidents Claims Tribunal-
cum-Principal District Judge, Ongole subject of the condition that
the appellant/Insurance Company shall deposit 50% of the entire
decretal amount with proportionate interest and costs within a
period of eight (8) weeks from today.
On such deposit, respondent Nos.1 and 4/claimants are
permitted to withdraw, as per terms of the decree, their proportionate shares of compensation with proportionate interest and costs by following the procedure established by law.
The share of respondent Nos.2 and 3, who are minors, shall be kept in Fixed Deposit in a Nationalized bank till they attain majority and they may be permitted to withdraw their proportionate shares of compensation in terms of the decree after they attain majority in accordance with law, however, without prejudice to the rights and contentions of both the parties in the appeal.
________________ Joymalya Bagchi, J
_______________ K.Suresh Reddy, J MP
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