1 23-CA-9529-26.odt IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD CIVIL APPLICATION NO. 9529 OF 2026 IN FA/1841/2026 RAMESH BALIRAM PALVE VERSUS RELIANCE GENERAL INSURANCE CO LTD THROUGH NEW NAME INDUSLND GENERAL INSURANCE COMPANY LTD ... Advocate for Applicant : Mr. Suraj R. Bagal Advocate for Respondent No.1 : Mr. Aniruddha S. Usmanpurkar Advocate for Respondent No.2 : Mr. Aadil A. Shaikh h/f. Mr. Sartaj H. Pathan ... CORAM : SACHIN S. DESHMUKH, J. DATE : 28-08-2026 PER COURT:- 1. The applicant/claimant has 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 applicant. 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 applicant 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 applicant to withdraw the amount. 2026:BHC-AUG:38791 2 23-CA-9529-26.odt 4. Thus, the civil application is partly allowed. 5. The applicant-claimant is to withdraw 50% of the amount with the accrued interest deposited in this court, on furnishing usual undertaking to the satisfaction of the Registrar (Judicial) of this Court that the disbursement remains contingent upon the final outcome of this appeal. 6. The balance amount shall be invested in the Fixed Deposit of any Nationalized Bank initially for the period of two (2) years, which is to be renewed periodically until further orders of this court. [SACHIN S. DESHMUKH] JUDGE rrd