Nagnath Gopal Kachare (Died) Thr His Lrs Vishwanath and Ors. v. the State of Mah and Anr.
Case brief
What is this about?
High Court Bench at Aurangabad allowed the applicant in a land acquisition dispute to withdraw 50% of the awarded amount upon furnishing specific undertakings and security, while directing investment of the remaining 25% in fixed deposits. The civil application is disposed.
What did the court decide?
Permitted withdrawal of 50% of amount against undertaking/surety; remaining 25% to be invested in fixed deposit for 3 years renewable.