Reliance General Insurance Co. Ltd., Thr. Legal Executive, Nagpur Division Office, Nagpur v. Smt. Tai Wd/O Lakshman Gawali And Others

2024:BHC-NAG:7150 33 CAF-1062-2024

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

NAGPUR BENCH, NAGPUR.

CIVIL APPLICATION (F) NO.1062 OF 2024 IN FIRST APPEAL NO.737 OF 2022 [Reliance General Insurance Co. Ltd. ..Vs.. Tai Lakshman Gawali and Ors.] ______________________________________________________________________________ Office Notes, Office Memoranda of Coram, appearances, Court's orders of directions Court's or Judge's order and Registrar's orders.

Mr A. M. Kukday, Advocate for Applicant/Appellant. Mr S. P. Pawar, Advocate for Non-Applicant Nos.1 to 3.

CORAM

: M. W. CHANDWANI, J.

DATE : 8 th JULY , 2024.

.

Heard.

2.

By the present application, the non-applicant Nos.1 to 6 are seeking to withdraw 75% of the decreetal amount deposited by the applicant-Insurance Company. 3.

Perusal of impugned award shows that in operative order, the Tribunal has passed the following order : "3] On realization of compensation amount, an amount equivalent to 50% of the shares of claimant no.1, 5 and 6 be invested in any Nationalized Bank initially for a period of three years. The remaining amount be given to claimant No.1, 5 and 6 by account payee cheque only after due identification and verification.

4] On realization of compensation amount, entire amount of the shares of claimant no.2 to 4 be invested in any Nationalized Bank initially for a period of three years."

4.

In view of above, the non-applicant Nos.1, 5 and 6 are permitted to withdraw 50% of the decreetal amount TAMBE

33 CAF-1062-2024 alongwith accrued interest, if any.

5.

Non-applicants may renew their request for withdrawal of decreetal amount, as per condition enumerated in the impugned award.

FIRST APPEAL NO.737 OF 2022 6.

Heard.

7.

Admit.

8.

Call for record and proceedings.

JUDGE TAMBE