NATIONAL INSURANCE COMPANY LTD v. DHANVEER SINGH S/o Sh. Jagdish Chand
CMP/22986/2026 · 2026-09-23
Sushil Kukreja
body2026
DailyLaw.ai
[ 2026 DAILYLAW 24156 (HP) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 24156 (HP) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
NIC Ltd. Vs. Dhanveer Singh & Ors.
FAO (MV) No. 260/2025 23.09.2026 Present: Ms. Mamta, Advocate, vice Mr. Ishan Sharma, Advocate, for the appellant. Mr. Ashok K. Tyagi, Advocate, for respondent No. 1. Ms. Anamika Negi, Advocate, vice Mr. Sanjeev K. Suri, Advocate, for respondents No. 2 & 3.
CMP No. 22986/2026
The present application under Section 151 CPC has been filed on behalf of applicant/respondent No.1, Dhanveer Singh, for release of the award amount lying deposited in the Registry of this Court alongwith up- to-date interest. As per the applicant, he needs money to meet out his day to day expenses as well as to return the loan amount. The application is duly supported by an affidavit of the applicant. No reply to the application has been filed, however, 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 the applicant, this Court finds it in the interest of justice to
release 30% of the awarded amount, in favour of applicant/respondent No.1, Dhanveer Singh, as per his share, lying deposited in the Registry of this Court, alongwith up-to-date interest, after proper verification and identification, by remitting the same to his bank account, details whereof have 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 applicant/claimant will have to refund the amount, so released, with interest. The application stands disposed of. ( Sushil Kukreja ) Judge 23rd September, 2026 (raman)