B.Mounika v. The Oriental Insurance
C.M.P.No. 4560 of 2016 & M.P.NO.1/2015 in C.M.A.No. 1258 of 2015 D.HARIPARANTHAMAN, J.
This miscellaneous petition is filed by the Claimant seeking permission of this Court to withdraw the amount deposited by the appellant to the credit of MCOP No. 186/2014 on the file of MACT (IV Small Causes Court) Chennai.
2. This court, while admitting the appeal, directed the appellant/Insurance Company to deposit 50% of the Award amount, pursuant to which, the amount was deposited.
3. Heard both sides.
4. Considering the submissions of both sides, both these M.Ps are disposed of with the following direction :
(i) the order of interim stay is made absolute.
(ii) the respondent/claimant is permitted to withdraw the entire amount deposited together with accrued interest.
16.03.2016 tk/yj