VIJAY KISANRAO MUNDE DIED THROUGH LRS ARCHANA VIJAY MUNDE v. THE MANAGER NEW INDIA INSURANCE COMPANY
CA/7680/2026 · 2026-08-21
body2026
DailyLaw.ai
[ 2026 DAILYLAW 4202 (BOM) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 4202 (BOM) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
1 37-CA-7680-26.odt IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD CIVIL APPLICATION NO. 7680 OF 2026 IN FA/1484/2026 VIJAY KISANOTHERAO MUNDE DIED THROUGH LRS ARCHANA VIJAY MUNDE VERSUS THE MANAGER NEW INDIA INSURANCE COMPANY ... Advocate for Applicants : Mr. Rajendra K. Jadhavar Advocate for Respondent No.1 : Mr. S. S. Rathi ...
CORAM : SACHIN S. DESHMUKH, J. DATE : 21-08-2026 PER COURT:-
1. The applicants have presented application seeking withdrawal of the amount of compensation.
2. The appellant – insurance Company has presented the appeal, while raising an objection to the compensation awarded by the tribunal, allowing the claim petition of the applicants. Pursuant to the order of this court, the insurance company has deposited the amount awarded by the tribunal.
3. Considering the facts and circumstances that the entitlement of the applicants is endorsed by the tribunal after considering the rival contentions of the litigating sides and to strike the balance in the competing interest, it will be appropriate to permit the applicants to withdraw the amount.
4. Thus, the civil application is partly allowed. 2026:BHC-AUG:38327
2 37-CA-7680-26.odt
5. The applicants are permitted to withdraw the amount of Rs.25,00,000/- (Rs.Twenty Five Lakhs) with the accrued interest of the amount deposited in this court to the extent of apportionment given in the order of the tribunal.
6. The applicants shall furnish an undertaking that disbursement remains contingent upon the final outcome of this appeal, to the satisfaction of the Registrar (Judicial) of this Court.
7. The balance amount shall be kept in the Fixed Deposit of any Nationalized Bank initially for the period of three (3) years, which is to be renewed periodically until further orders of this court.
[SACHIN S. DESHMUKH]
JUDGE rrd