JUDGMENT/ORDER

1. Heard Learned Counsels for the parties.

2. This First Appeal is filed by Insurance Company under Sec. 173 of the Motor Vehicles Act ("M.V. Act"), challenging the Judgment and Order dtd. 13/12/2020, passed by the Motor Accident Claim Tribunal, Mumbai ( M.A.C.T.) in Application No.505 of 1993.

3. The First Appeal was admitted on 4/10/2012, and stay was granted subject to deposit of decretal amount. Thereafter, the original claimants who are Respondent Nos.1, 2 and 3 in the First Appeal, filed their Cross -Objections, for enhancement of compensation.

4. The original claimants/Respondent No.1 to 3 thereafter filed Civil Application No.4079 of 2013 for withdrawal of the entire deposited amount. By an Order dtd. 13/2/2014, passed in Civil Application No.4079 of 2013, the claimants were permitted to withdraw the entire amount deposited by the Insurance Company, in M.A.C.T. without giving any kind of security. The said Order dtd. 13/2/2014, was not challenged by the Insurance Company. FACTS:

5. (a) Rajesh Parikh (now deceased) was the husband of Respondent No.1 and father of Respondent Nos.2 and 3, who unfortunately met with an accident on 4/11/1992, in the wee hours at around