The submission of learned counsel for the appellant insurance company is that the accident took place due to sole negligence of the motor cycle rider who had turned to the right without there being any road on that side.
Issue notice to the respondents by registered post.
Until further orders of this Court, operation of the impugned award dated 21.11.2013 passed in MAC No. 161 of 2012 (Ritu and others Vs. Kamal Kant and and another) shall remain stayed provided appellant insurance company deposits the entire amount as awarded after adjusting the statutory deposit made before this Court in the court below within a period of one month from today.
On deposit of the above amount, half of it shall be permitted to be withdrawn free of security and the other half on furnishing security, other than cash and bank guarantee to the satisfaction of the tribunal.
The statutory deposit made before this Court shall be remitted to the tribunal forthwith.
Order Date :- 3.2.2014 SKS