The submission of learned counsel for the appellant insurance company is that the vehicle was being driven in violation of permit, as such, the insurance company is not liable to satisfy the claim.
Issue notice to the respondents by registered post returnable at an early date.
Until further orders of this Court, operation of the impugned award dated 9.12.2013 passed in MACP No. 371 of 2010 (Ramesh Yadav and others Vs. Smt. Gudiya Yadav 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On deposit of the above amount, half of it, shall be permitted to be withdrawn free of security and the other half on furnishing security, other than cash and bank guarantee to the satisfaction of the tribunal.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