Oriental Insurance Co. Ltd vs Lal Kaur & Ors

The Supreme Court modified the interim orders of the Allahabad High Court regarding recovery proceedings in favor of the claimant-respondents. The Court held that the claimant-respondents could withdraw the awarded amount only upon furnishing security to the satisfaction of the claim Tribunal. The appeals were disposed of with no order as to costs, emphasizing the need for security before withdrawal of the awarded amount.