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november 2008

Supreme Court of India · 2008-11-11

THE ORIENTAL INSURANCE COMPANY LTD. vs KAJAL

Citation / case number
SC 2006/9676
Court
Supreme Court of India
Petitioner
THE ORIENTAL INSURANCE COMPANY LTD.
Respondent
KAJAL
Author
TARUN CHATTERJEE,V.S. SIRPURKAR, , ,
Bench
TARUN CHATTERJEE,V.S. SIRPURKAR, , ,

Judgment text excerpt

The Supreme Court modified the High Court's order regarding the withdrawal of the awarded amount by the claimant respondents, stipulating that they must furnish security for the entire amount to the satisfaction of the claim tribunal before withdrawal. The Court upheld the requirement for the appellant to deposit the entire awarded amount with the tribunal and allowed a partial immediate withdrawal of Rs.1,50,000 without security. The appeals were disposed of with no order as to costs.

THE ORIENTAL INSURANCE COMPANY LTD. vs KAJAL · Niyam