Authority: Supreme Court of India
Order Date: 22-09-2026
Case Overview
- Petitioner: The Oriental Insurance Company Ltd; Respondents: Savita Devi & Ors.
- Petition: Special Leave Petition (C) No. 25210/2026, arising from the impugned final judgment and order dated 24-04-2026 in FAFO No. 1011/2026 of the Allahabad High Court.
- Underlying award: Motor Accident Claim Tribunal, Ghazipur award dated 30-12-2025 in M.A.C.T. No. 55 of 2022 (Savita Devi & others vs Uttar Pradesh State Road Transport Corporation & others).
- High Court order required the petitioner to deposit the entire award amount with interest within six weeks and allowed respondents to withdraw 50% of the deposited amount without security.
Observations & Reasoning
- The Supreme Court noted the need to balance the interests of the petitioner and claimants while addressing the security requirement for withdrawal of funds.
- The Court limited its notice to decide whether respondents must furnish security for the 50% withdrawal.
Directions
1. The petitioner is directed to deposit 25% of the amount awarded by the Tribunal, together with accrued interest, within four (04) weeks from the date of this order.
2. The respondents are permitted to withdraw the amount deposited by the petitioner without furnishing any security.
3. The award is stayed subject to compliance with the above directions.
4. The special leave petition stands disposed of on these modified terms.
5. Any pending applications, if any, are also disposed of.
Final Outcome
- The petition is dismissed with the modified conditions: a reduced deposit requirement (25% with interest) and unrestricted withdrawal for respondents, while the award remains stayed pending compliance.
Topics: Insurance Claim, Court Order