@DELETEUPPERDATA
Sudhir Agarwal, J.@mdashHeard learned counsels for parties and perused the record. Claim Tribunal awarded a sum of Rs. 6,13,600/- alongwith
7 per cent interest in M.A.C.P. No. 842 of 2011 pursuant whereto Insurance Company deposited Rs. 6,93,776/- in the Court whereagainst half
of the amount, i.e., Rs. 3,46,888/- was paid to the claimant and rest was kept in fixed deposit for a period of two years in Punjab National Bank,
Railway Road, Aligarh. Petitioner moved an application that whatever amount was paid to him that has already been spent in his treatment and he
requires further amount for the purpose of extension of his business else he would suffer irreparable loss but his application for release of rest
amount has been rejected by Tribunal by impugned order dated 2.8.2014 only on the ground that it does not find the encashment of F.D.R.
justified and therefore, the amount should not be released.
2. I do not find any justification for not doing so. The compensation awarded to petitioner belong to him and the claimant-petitioner is not a minor.
It is also nobody''s case that aforesaid amount has to be utilized by petitioner for maintenance of petitioner himself and other members of family.
Petitioner is best judge to examine as to how he should utilize the same. The Court cannot compel the petitioner to part away some amount by
keeping it in fixed deposited so as not to be utilized by the petitioner even if he has genuine requirement. The approach of Tribunal in rejecting
petitioner''s application is clearly illegal and arbitrary. The writ petition is allowed. Impugned order dated 10.5.2013 and 2.8.2014, to the extent as
above, are hereby quashed. The balance amount, which has been kept in fixed deposit receipts shall be forthwith released in favour of petitioner
alongwith interest as incurred in the meantime in accordance with the regulations of the Bank.