UNITED INDIA INSURANCE COMPANY LTD Vs. GEETA SHARMA

JUDGEMENT

(1.) ISSUE involved herein is whether the amount of compensation is on the higher side or not. ISSUE notice upon the respondents by registered post with acknowledgement due within a period of one week from this date returnable fortnight hence. The appeal will be heard and the stay of the order impugned passed by the learned Judge, Motor Accident Claims Tribunal, Mathura dated 24th January, 2009 in M.A.C.P. No. 235 of 2007 will be operative subject to deposit of the entire awarded amount of Rs. 9,89,500/- along with interest accrued thereon till date within a period of one month from this date. Tribunal concerned is at liberty to release 50% of the total deposited amount to the claimant/s without security. However, Tribunal concerned is at liberty to keep remaining/balance 50% of the total deposited amount in a short term Fixed Deposit of a nationalized bank and will be renewed time to time till the payment is made or till further order/s of the Court, whichever is applicable. The entire deposited amount will include the statutory deposit of Rs. 25,000/-, which will be remitted in favour of the concerned Tribunal as expeditiously as possible. Translated copy of the judgement and order, if not filed, be filed on the next date of hearing.