Citation : 2021 Latest Caselaw 8367 Bom
Judgement Date : 23 June, 2021
31-fa-934-19.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
CIVIL APPELLATE JURISDICTION
CIVIL APPLICATION (ST) NO. 22813 OF 2018
IN
FIRST APPEAL NO. 934 OF 2019
Smt. Muktabai Madhav Ugale & Ors. ..Applicants
In the matter between
The Divisional Manager,
New India Assurance Co. Ltd. Nashik ..Appellant
v/s.
Smt. Muktabai Madhav Ugale & Ors. ..Respondents
Mr. Sachin Gite for the Applicant.
Mr. H.G.Misar for the Appellant-Insurance Company.
CORAM : SMT. ANUJA PRABHUDESSAI, J.
DATED : JUNE 23, 2021.
P.C.
1. The applicants, who are the Original Claimants have sought
withdrawal of the compensation amount deposited by the Insurance
Company as per the judgment and award dated 24.11.2015 passed
by the MACT. Nashik in MACP No.828 of 2012.
2. By the impugned judgment and award the Claims Tribunal has
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31-fa-934-19.doc
awarded compensation of Rs.23.92.210/- with interest at the rate of
8% per anum from the date of the petition till realization.
3. The Applicants claim that they are senior citizens and that they
are in need of money for medical expenses and other day to day
expenses. Having considered the grounds raised in the appeal memo
and the reasons stated in the application, the applicants-original
claimants are allowed to withdraw 50% of the compensation
alongwith proportionate interest accrued thereon. Suffice it to say
that the withdrawal is subject to final outcome of the appeal.
4. The Applicants shall furnish an undertaking before the tribunal
that they will abide by the final orders that may be passed in this
appeal.
5. The MACT, to re-invest the balance amount in the names of the
respective Applicants, in any nationalized bank after making the
payment as stated above.
6. Civil application stands disposed of.
(ANUJA PRABHUDESSAI, J.)
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