Shri.Babu (Baburao) Maruti Yede And ANR. v. Reliance General Assurance Co.Ltd.,Thr.Its Legal Manager Mr.Khanjan Joshi
1/3 6 FAST-32608-17.doc SALGAONKAR M M Date: 2022.03.16 16:27:34 +0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
SALGAONKAR M M CIVIL APPELLATE JURISDICTION FIRST APPEAL (ST) NO.32608 OF 2017 WITH CIVIL APPLICATION NO.751 OF 2018 WITH CIVIL APPLICATION NO.750 OF 2018 Reliance General Insurance Company Limited through it's Manager Legal Mr.Khanjan Joshi ..
Appellant
Versus
Babu (Baburao) Maruti Yede & Ors.
..
Respondents WITH INTERIM APPLICATION NO.1414 OF 2022 IN FIRST APPEAL (ST) NO.32608 OF 2017 Babu (Baburao) Maruti Yede & Anr.
..
Applicants
Versus
Reliance General Insurance Company Limited through it's Manager Legal Mr.Khanjan Joshi ..
Respondents ...
Ms.Poonam Mittal i/b Mr.Rahul Mehta for the Appellant. Mr.Ramdas A. Shelke for the Respondents in the Appeal and for the Applicants in IA/1414/22.
...
2/3 6 FAST-32608-17.doc CORAM: BHARATI DANGRE, J.
DATED : 15th MARCH, 2022 P.C:- 1.
By the Interim Application No.1414 of 2022, the applicant Nos.1 and 2 seek withdrawal of the amount of compensation deposited before the Tribunal, pursuant to the directions issued by this Court.
2.
The Insurance Company has raised a challenge to the Judgment and Award passed by MACT, Baramati in favour of the claimants, directing to pay compensation of Rs.7,47,000/- alongwith interest at the rate of 9% per annum, from the date of fling of the petition till realiaation of the amount. The impugned judgment came to be stayed, subject to deposit of the aforesaid amount.
3.
The Insurance Company has deposited an amount of Rs.12,16,869/- and an amount of Rs.1,21,830/- on 27/02/2018. 4.
Perusal of the application would reveal that the claim for withdrawal of amount is projected in view of the old age of applicant No.1 and on the ground that he is suffering from various ailments. It is also further projected that applicant No.2 is required to work on daily wages in the feld of other agriculturists. In short, the fnancial position of the applicants is projected to be in a very bad state and on account of Covid, it is pleaded that it has aggravated.
3/3 6 FAST-32608-17.doc On consideration of the application and on perusal of the reasons put forth, I deem it ft to allow the application partly, by permitting the applicants to withdraw 50% of the amount that has been deposited before the MACT, Baramati. The Tribunal shall permit withdrawal of 50% amount of the compensation, deposited by the Insurance Company, subject to an undertaking being given by applicant Nos.1 and 2 that, if the Insurance Company succeeds in the appeal, they shall bring back the amount to the Court alongwith interest that may be levied.
5.
Interim application stands disposed off in the above terms.
FIRST APPEAL (ST) NO.32608 OF 2017 6.
Since the appeal fled by the Insurance Company involve a short point, learned counsel for the appellant states that the appeal shall be listed for fnal hearing. The request is reasonable and can be considered, subject to the appellant fling the compilation of documents/private paper-book within a period of four weeks from today.
7.
Re-notify for 18/04/2022.
( SMT. BHARATI DANGRE, J.)