NEW INDIA ASSURANCE CO vs ANNU — C.A. No. 2735/1997

Case Summary: C.A. No. 002735/1997 On August 14, 2002, the Supreme Court (Justices Khare, Patil, and Bhan) allowed New India Assurance Co.'s appeal and set aside the challenged judgment, relying on the Constitution Bench decision in New India Insurance Co. Ltd. v. C.M. Jaya (2002 (2) SCC 278). The Court also granted the incidental application declaring respondent No. 1 as major and directed refund of amounts deposited with the Tribunal to the appellant, excluding Rs. 50,000 plus interest and costs already paid to respondent-claimants. This case analysis is maintained by casestatus.in based on publicly available court records.