SC stays Bombay HC order asking insurance firm to compensate farmers for crop loss under PMFBY

Categories: News Today news

SC stays Bombay HC order asking insurance firm to compensate farmers for crop loss under PMFBY

The Supreme Court has stayed a Bombay High Court order which had asked Bajaj Allianz General Insurance Company Ltd. to compensate over 3.5 lakh farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for loss of soya bean crop due to heavy rainfall in 2020. A Supreme Court vacation bench comprising justices J K Maheshwari and Hima Kohli, however, asked the insurance company to deposit Rs 200 crore with its registry within a period of six weeks from June 16.

In a major relief to soya bean farmers of Osmanabad district of Maharashtra who had suffered crop loss due to heavy rainfall in the Kharif season of 2020, the Bombay High Court circuit bench in Aurangabad recently directed the insurance company to compensate them.

The insurance firm was represented in the Supreme Court by senior advocate Vivek Tankha and other lawyers including Tanvi Dubey.

While issuing notice on the appeal of the insurance firm, the SC bench, on June 16, said, "In the meantime, there will be a stay of operation of the impugned judgment subject to the petitioner depositing an amount of Rs 200 crore with the Registry of this Court within a period of six weeks from today, as requested. The amount deposited shall be invested in an interest bearing fixed deposit in a nationalised bank until further orders."

Top articles
IPCC report: Global emissions can be halved by 2030 with major transitions in the energy sector Published at:- San Marino appoints world's first openly gay head of state Published at:- Sri Lanka crisis: Angry Sri Lanka wants its president to quit Published at:- Ukraine warns of nuclear danger as Russia attacks Europe's largest nuclear plant Published at:- Lost ship endurance found after 107 years in near-perfect years Published at:- Over 120 Russian diplomats were expelled by EU allies in two days Published at:- Aaron Finch, Nathan Ellis star as Australia beat Pakistan by 3 wickets in a one-off T20I Published at:- US approves $95 million sales of missile defense support to Taiwan Published at:- U.S., U.K., Australia to work together on hypersonic missiles Published at:- Shanghai extends lockdown to the entire city as tests show Covid spread Published at:- World War: Britain says $350 billion of Vladimir Putin's war chest' frozen Published at:- Kolkata metro: India's first underwater metro tunnel build up in Kolkata, is to be ready by 2023 Published at:- Joe Biden seeks war crime trial for Bucha killing Russia slams charges Published at:- Top 10 richest persons in the world in 2022 Published at:- China Warns Against US House Speaker's Possible Visit To Taiwan Published at:- Scientists are trying to make it rain in UAE what could go wrong Published at:- Ukraine crises: Chairman of Russian metals company calls for Bucha probe Published at:- India to boost arms output, fearing shortfall from Russia Published at:- Pakistan election: Pakistan Prime Minister Imran Khan was ousted as the country's leader following a vote of no-confidence Published at:- France election: Macron faces far-right challenge as France votes Published at:- Iran Says US Imposing New "Excessive" Conditions In Nuclear Talks Published at:- Sri Lanka Crisis: As Economic Crisis Spirals In Sri Lanka, Rations From India Reach Colombo Published at:- CHINA: Why Are Chinese Billionaires $500 Billion Poorer Than Last Year? Published at:- Pakistan Election: Shehbaz Sharif, Shah Qureshi In Race For Next Pakistan Prime Miniter After Imran Khan Published at:- Elon Musk is not joining the Twitter board, announces CEO Parag Agrawal Published at:- French election: Emmanuel Macron, far-right rival Marine Le Pen face runoff Published at:- Australian PM calls for May 21 election Published at:- Joe Biden Says: Russia war a ‘genocide,’ trying to ‘wipe out’ Ukraine Published at:- Central Bank Governor: Sri Lanka to temporarily suspend foreign loan payments Published at:- Chinese official media: Shehbaz Sharif ‘better’ for China-Pak ties than Imran Khan Published at:- Brooklyn subway shooting: Search for gunman centers on van renter Published at:- Eight social media activists of Imran Khan's party held for campaign against Pakistan Army chief Published at:- COVID-19 | Anger grows over Shanghai lockdown amid food shortages, surge in cases Published at:- At Least 45 dead as heavy rains trigger flooding in South Africa’s Durban Published at:- 'Lost golden city' found in Egypt reveals lives of ancient pharaohs Published at:- China: China denies online ‘rumours’ blaming co-pilot for plane crash Published at:- France's presidential election: Five takeaways from the polls Published at:- Russian troops took highly radioactive souvenirs from Chernobyl Published at:- Elon musk offers to buy Twitter for $41 billion Published at:- Russia says it destroyed S-300 missile system given to Ukraine by the European state Published at:- Kerala man makes an electric car which runs for 60km at just 5 rupees Published at:- Russia Bans Entry To UK Prime Minister Boris Johnson Published at:- Indians bagged 3.01 lakh H-1B visas during fiscal 2021 – 74per of the total Published at:- The world's biggest cement maker may exit India after 17 years Published at:- Companies are using AI to monitor your mood during sales calls. might be next Zoom. Published at:- Johnson reached India to meet Modi, demanded an economic deal Published at:- China's Xi Jinping urges dispute resolution, opposes sanctions Published at:- Pakistan needs army more than Imran Khan: Former PM in 'record-breaking' Twitter Space Published at:- YouTube Blocks Account of Hong Kong’s Sole Leadership Candidate Published at:- Shanghai allows 4 million out of homes as Covid rules ease Published at:- Russia launched a new offensive in the Donbas region Published at:- Shanghai speeds up quarantine transfers as virus cases decline Published at:- Imran Khan issues ultimatum to hold fresh elections in Pakistan Published at:- UN: Russian actions in Ukraine may amount to war crimes Published at:- Today GK Updates for Bank Exam Published at:- How to hide your WhatsApp profile photo, last seen from selected users Published at:- Thousands in Afghanistan are desperate for food, medicine, and shelter after the devastating earthquake Published at:- It’s time for LPs to take more responsibility in the fight for economic equality Published at:- Rise in rice prices is a cause of concern due to accelerating food inflation in India Published at:- SC stays Bombay HC order asking insurance firm to compensate farmers for crop loss under PMFBY Published at:- Wheat procurement falls short of original target by 57% at 18.7 million tonnes Published at:- WRMS gets Euro 2.1 mn grant to provide solutions for yield guarantee to small farmers Published at:- Nationa And International current Affairs 2022 Published at:- What to do in the event of a nuclear attack: New York City details the steps to take Published at:- NASA releases first images of the universe's first James Webb Space Telescope Published at:- Ethiopia Launched Its First Satellite Published at:- White House response plan for information on infectious COVID types Published at:- White House wants to focus economy on Middle East with summit as Biden heads Published at:- Twitter case: Twitter sues to force Elon Musk to complete its $44B acquisition Published at:- Twitter launches a new feature Allow users to leave conversations Published at:- Apple and Microsoft Developers Conferences Exhibit Companies’ Strengths, Weaknesses Published at:- Amazon Aurora PostgreSQL-compatible edition now supports R6i instances Published at:- Political Science: Rights in the Indian Constitution Question and Answer for Class 11th Published at:- Here Are The Two Key Reasons America Has Improved Its Retirement Score Published at:- Energy war looms as Europe prepares for Putin to decrease petroleum gas trades Published at:- Indian administrators choose first president from ancestral local area Published at:- Some Dangers From Pandemic Fatigue Published at:- Droupadi Murmu Swearing-in Live: Watershed second for India, says PM Modi after Murmu assumes responsibility as President Published at:- PM asks BJP states to support business climate, push sports culture Published at:- Security, youth's future in peril with this 'new examination': Rahul Gandhi on Agnipath Published at:- US and China on a blade's edge over Taiwan in front of Xi-Biden call Published at:- The Role of Manmohan Singh Ex-Indian PM in Suppressing the Truth Published at:- Why Right-Wing Conservatives and Religious Enslavement Are Destroying the World Published at:- What businesses can an electronics and telecommunication engineer start Published at:-
R4Rin Team
The content on R4Rin.com website is created by expert teams.