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The Supreme Court on Thursday asked Bajaj Allianz to submit before it Rs 200 crore in six weeks, responding to petitions filed by Maharashtra farmers seeking relief from the insurance company for crop loss.
A bench comprising Justices J K Maheshwari and Hima Kohli stayed a Bombay High Court order that asked the company to compensate 3.5 lakh farmers in Osmanabad district of Maharashtra for soybean crop damaged by heavy rains in 2020.
The Supreme Court’s notice said if Bajaj Allianz does not deposit the amount the stay will be vacated. The High Court’s Aurangabad bench had earlier said if
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