New India Assurance Co Ltd v. Atal Bihari Mishra & ANR

$~R-463 * IN THE HIGH COURT OF DELHI AT NEW DELHI Decided on: 10th November, 2017 + MAC APPEAL 204/2012 NEW INDIA ASSURANCE COMPANY LTD. ..... Appellant Through:

Mr. Abhishek Kumar and Mr.

Vijay Singh, Advocates

Versus

ATAL BIHARI MISHRA & ANR.

..... Respondents Through:

None

CORAM:

HON'BLE MR. JUSTICE R.K.GAUBA JUDGMENT (ORAL) 1.

The counsel for the appellant submits that he may be allowed to withdraw the appeal.

2.

The appeal is accordingly dismissed as withdrawn. 3.

In terms of order dated 24.02.2012, the insurance company had been directed to deposit the entire awarded amount with up-to-date interest with the Registrar General. In terms of order dated 24.04.2012, fifty percent (50%) of the amount deposited was permitted to be released to the claimant. The balance with accrued interest shall also now be released to the claimant in terms of the judgment of the tribunal.

4.

The statutory amount shall be refunded to the insurance company.

R.K.GAUBA, J.

NOVEMBER 10, 2017/yg MAC Appeal No.204/2012