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2026 DAILYLAW 15794 (BOM)

SAMEER CHANDRAKANT NAIK AND 4 ORS v. TATA AIG GENERAL INSURANCE CO LTD

MCA/524/2026 · 2026-10-08

body2026

Judgment text

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29-MCA-524-2026.DOC Suchitra IN THE HIGH COURT OF BOMBAY AT GOA MISC. CIVIL APPLICATION NO.524/2026 IN FIRST APPEAL NO.74/2026 SAMEER CHANDRAKANT NAIK AND 4 ORS. … APPLICANTS Versus TATA AIG GENERAL INSURANCE CO LTD. … RESPONDENT Mr Vithal Naik (thr VC) and Adv U. Naik, for the Applicants. Mr James Lopes, Advocate for the Respondent (thr VC). CORAM: VALMIKI MENEZES, J. DATED: 8th OCTOBER 2026 P.C. : 1. his is an application for withdrawal of part of the compensation deposited in the Registry of this Court by the Appellant. he compensation deposited is in an amount of Rs.53,87,368/-. he reasons cited by the Applicants for withdrawal of part of the compensation are that the Respondent No.2 who is the daughter of the deceased, requires the part amount to pursue further education. It is noted that Respondent No.3, the son of the deceased, was a minor at the time the accident claim was iled. 8th October 2026 29-MCA-524-2026.DOC 2. For the reasons stated in the application, I am of the opinion that an amount of Rs.25 lakhs shall be remitted to the account of Applicant No.1, the father of Respondent Nos.2 and 3 and husband of the deceased. An aidavit stating the details of the account of the Applicant No.1 in which this amount is to be deposited, shall be iled in the Registry along with a copy of the pass book of that account. he amount shall be remitted within two weeks of submitting the said aidavit. All three Applicants shall ile an undertaking in usual form prior to release of the said amount. 3. Misc Civil Application No.524/2026 stands disposed of. VALMIKI MENEZES, J. 8th October 2026 Signed by: SUCHITRA NANDAN SINGBAL Designation: Personal Assistant Date: 08/10/2026 15:08:39