Full Order Text
Final Order 1 · 21 Aug 2026 · CNR MHMT010017972026
Order Details: Order on Exh. Pdf Text: MHMT010017972026 ORDER BELOW EXH.1 IN MISC. APPLICATION NO.474 of 2026 In MACP No.871 OF 2011 1. Read the application moved for allowing to withdraw amount deposited by the insurer as per Order of Hon’ble High Court dated 09/06/2026. 2. The copy of the Judgment passed in MACP No.871/2011 reveals that the application is allowed and compensation amount of Rs.33,63,000/- was granted in favor of the applicants. 3. The copy of Judgment of the Hon’ble High Court in First Appeal No.35833 of 2016 dated 09/06/2026 along with Civil Appeals (ST) No.2560 and 2559 of 2017 transpires that appeal preferred by the insurer are disposed off with direction if the decreetal amount is already deposited by the insurance company then the Registry of the Tribunal will refund Rs.40,000/- along with interest to the insurance company. 4. On Application report of Accounts Officer and Writ Section have been called for. As per report of Account Officer of the Court, part payment was paid to the applicant and the New India Assurance Co. Ltd. has deposited Cheque of Rs.13,66,175/- in the name of A.O., MACT, Mumbai on 28/07/2017 and the said amount is invested in the name of A.O. MCACT, Mumbai in the Bank of -- 1 of 2 -- Maharashtra, Boribunder Branch, Mumbai on 01/10/2018. 5. As per the report of Writ Section, High Court order dtd.09/06/2026 in F. A. No.35833 of 2016 is uploaded on the website of Hon’ble Bombay High Court. After that there is no any order received or uploaded from Hon’ble High Court in this matter till today. Therefore, considering the order of Hon’ble High Court, there is no any hurdle in releasing amount in favor of the applicants. Hence, I pass the following order :- ORDER 1. Application is allowed. 2. Accounts officer do call back and pay amount of amount of Rs.13,66,175/- (excluding Rs.40,000/- along with accrued interest @ 9% p.a. from the filing of the claim application till date of depositing the amount in MACT Mumbai i.e. 28/07/2017 and thereafter with the prevailing interest till date, which is payable to the insurer) along with accrued interest thereon, if any, to the applicants equally through NEFT / RTGS on furnishing their bank account details, on due identification, as per procedure. 3. Application stands disposed off. (K. K. Shah) Member, C.R.No.8 Date : 21/08/2026 MACT, Mumbai -- 2 of 2 --
