Research › Search › Judgment

High Court of Himachal Pradesh · body

2025 DAILYLAW 12993 (HP)

The Oriental Insurance Co. Ltd. v. Bali Ram

CMP/10666/2025 · 2025-05-19

Vivek Singh Thakur

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Oriental Insurance Company Ltd. vs. Bali Ram and others FAO No.12 of 2024 19.05.2025 Present: Mr.Ishan Sharma, Advocate, for the appellant. Mr.Sanket Sankhyan, Advocate, vice Mr.Anirudh Sharma, Advocate, for respondent No.1. Respondents No.2 and 3 are ex parte vide order dated 28.06.2024 passed by Additional Registrar (Judicial). CMP No.10666 of 2025 This application has been filed on behalf of applicant-respondent No.1 for release of 50% of amount of compensation awarded in his favour. Release of 50% amount has been opposed by appellant-Insurance Company, on the ground that there is every likelihood of reduction thereof, and in case of release of 50% of amount, it would be difficult for the Insurance Company to recover the same from the applicants. It has been submitted on behalf of applicant- respondent No.1 that claimant is agitating for just and fair compensation since long and till date he has not received the same. Balancing the interest and considering submissions, at this stage, 30% of amount of compensation alongwith proportionate interest is ordered to be released in favour of applicant-respondent No.1, by remitting the same in his bank account mentioned in paragraph 2 of application, photocopy of front page of Pass Book whereof has been annexed with this application. The aforesaid release shall be subject to final order passed in the main appeal. Application is disposed of in aforesaid terms. (Vivek Singh Thakur) Judge May 19, 2025 (Purohit)