OIC Ltd. Vs. Sumeet Kumar & Ors. FAO No. 323/2024 09.03.2026 Present: Dr. Lalit K. Sharma, Advocate, for the appellant. Mr. V.S. Rathore, Advocate, for respondents No. 1 & 2. Mr. Ganesh Barowalia and Mr. Gambhir Singh, Advocates, for respondent No. 3. CMP No. 25322/2025 The present application under Section 151 CPC has been filed on behalf of applicants/respondents No. 1 & 2, for release of the award amount lying deposited in the Registry of this Court. As per the applicants, they need money to meet out their day to day expenses, as they have no other source of income. The application is duly supported by an affidavit of applicant, Sumeet Kumar. Reply to the application has been filed on behalf of the non-applicant/appellant, wherein, prayer made in the application has been opposed on the ground that in the event of appeal being allowed, it would be difficult for the Insurance Company to recover the amount, so released. Heard. Having perused the averments made in the application, which is duly supported by an affidavit of applicant, Sumeet Kumar, this Court finds it in the interest of justice to release 30% of the awarded amount, in favour ….2…. of applicants/respondents No. 1 & 2, as per their respective shares, lying deposited in the Registry of this Court, alongwith up-to-date interest, after proper verification and identification, by remitting the same to their bank accounts, details whereof has been mentioned in para-4 of the application. Ordered accordingly. However, release of amount would be subject to final outcome of the appeal and in the event of appeal being allowed, the applicants/claimants will have to refund the amount, so released, with interest @ 6% per annum. The application stands disposed of. ( Sushil Kukreja ) Judge 9th March, 2026 (raman)