Citation : 2022 Latest Caselaw 267 Raj/2
Judgement Date : 12 January, 2022
HIGH COURT OF JUDICATURE FOR RAJASTHAN
BENCH AT JAIPUR
S.B. Civil Miscellaneous Appeal No. 5178/2018
Cholamandalam Ms General Insurance Co. Ltd.
----Appellant
Versus
Smt. Pushpa Devi W/o Late Shri Ogad Das
----Respondent
For Appellant(s) : Mr. Virendra Agrawal through VC For Respondent(s) : Mr. Vinay Mathur through VC
HON'BLE MR. JUSTICE SUDESH BANSAL
Order
12/01/2022
This appeal has been filed by Insurance Company, assailing
judgment and award dated 03.08.2018, whereunder a
compensation of Rs.59,74,066/- along with interest was awarded
in favour of respondents.
Learned counsel for appellant submits that pursuant to
interim order dated 01.11.2018, Insurance Company has
deposited entire amount of compensation which is lying with the
Tribunal.
Learned counsel for claimants have filed an application for
vacation of ex parte stay order dated 01.11.2018.
Heard learned counsel for both parties on appeal as also on
stay application and application for vacation of stay.
Admit.
Out of compensation so deposited by Insurance Company,
50% compensation amount be disbursed to respondents-claimants
in terms of impugned award passed by the Tribunal. For remaining
(2 of 2) [CMA-5178/2018]
50% shall remain deposited in FDRs initially for a period of three
years subject to renewal from time to time.
With aforesaid observations, stay application and application
for vacation of stay stand disposed of.
On the request of learned counsel for appellant, service of
notice on remaining respondents who are contesting is dispensed
with.
Record of the Tribunal be sent back to complete the exercise
of deposition and disbursement of the compensation as mentioned
hereinabove and thereafter the same be returned to this Court.
The disbursement of compensation amount be made through SB
saving Bank account, so furnished by the claimants.
(SUDESH BANSAL),J
NITIN /17
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