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National Insurance Co. Ltd vs Monidipa Sarkar & Ors
2023 Latest Caselaw 6667 Cal

Citation : 2023 Latest Caselaw 6667 Cal
Judgement Date : 3 October, 2023

Calcutta High Court (Appellete Side)
National Insurance Co. Ltd vs Monidipa Sarkar & Ors on 3 October, 2023
03.10.2023
 Ct. 654
 D/L 242
  ab

                      IN THE HIGH COURT AT CALCUTTA
                       CIVIL APPELLATE JURISDICTION
                             APPELLATE SIDE

                                FMA 1110 of 2022
                                     With
                                 CAN 1 of 2022
                                     With
                                 CAN 2 of 2023

                           National Insurance Co. Ltd.
                                       -Vs-
                             Monidipa Sarkar & Ors.

             Mr. Sanjay Paul,
             Ms. Jaita Ghosh
                             ... for the appellant-insurance company

             Mr. Subrata Bhattacharyya,
             Ms. Shipra Santra
                         ... for the respondent nos. 1 to 3-claimants

Re: CAN 1 of 2022 (Stay)

This is an application for stay of operation of the

impugned judgment and award of the learned Tribunal.

By order dated 20th December, 2022, the interim

stay was granted in favour of the appellant-insurance

company on condition to deposit the entire awarded

sum together with interest.

Mr. Sanjay Paul, learned advocate for the

appellant-insurance company submits that in

compliance with the aforesaid order, the insurance

company has already deposited the entire awarded sum

together with interest. He submits for making the order

of stay absolute till the disposal of the appeal.

As per the office report dated 11th January, 2023,

it is found that a sum of Rs. 43,94,877/- has been

deposited vide OD Challan No. 3323 dated 4th January,

2023 with the registry of this Court in compliance with

the order of this Court dated 20th December, 2022.

Since the insurance company has complied the order of

this Court, the interim order of stay granted earlier on

20th December, 2022 is made absolute till the disposal

of the appeal.

The application for stay being CAN 1 of 2022

stands disposed of.

Re: CAN 2 of 2023 (withdrawal)

This is an application for withdrawal of certain

amount of the awarded sum deposited by the insurance

company.

Mr. Subrata Bhattacharyya, learned advocate for

the respondent nos. 1 to 3-claimants submits that due

to sudden demise of the victim, the claimants are faced

with economical hardship and as such, certain amount

of money be released in favour of the claimants for their

sustenance and livelihood.

Mr. Sanjay Paul, learned advocate for the

appellant-insurance company opposing such prayer,

submits that by way of the present appeal, the

insurance company apart from other grounds has

challenged the involvement of the alleged offending

vehicle. He submits that the application for withdrawal

be dismissed.

It is contended in the application that due to

sudden demise of the victim, the claimants are faced

with economical hardship and they require certain

amount of money for their livelihood. In view of the

grounds taken, I am of the opinion that the claimants

be permitted to withdraw an amount of Rs. 5,00,000/-

each.

Learned Registrar General, High Court, Calcutta

is directed to release Rs. 5,00,000/- each in favour of

the respondent nos. 1 to 3 (claimants) upon usual

undertaking and on satisfaction of their identity and

also upon undertaking that they shall refund the

aforesaid amount withdrawn together with accrued

interest, in the event the award passed by the learned

Tribunal is set aside in appeal.

Learned Registrar General, High Court, Calcutta

is further directed to reinvest the balance amount of the

awarded sum deposited in a short term auto-renewable

scheme of any nationalized bank until further orders.

The respondent no. 1 being the mother and

natural guardian of the minor respondent no. 2 shall

receive the share of the minor on his behalf and shall

keep the same in a Fixed Deposit Scheme of any

Nationalized Bank or Post Office till attainment of

majority by the said minor.

With the aforesaid observations, the application

being CAN 2 of 2023 stands disposed of.

Matter to go out of list with liberty to mention.

( Bivas Pattanayak, J.)

 
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