COURT OF JUDICATURE OF BOMBAY BENCH AT…
Applicants permitted to withdraw 50% of deposited amount upon undertaking; balance invested in Fixed Deposit Receipt.
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IN THE HIGH COURT OF JUDICATURE OF BOMBAY BENCH AT AURANGABAD
16 CIVIL APPLICATION NO. 3961 OF 2017
IN FA/2567/2016 WITH CA/9665/2016 IN FA/2567/2016
ANITA SUMANT SHINDE AND ORS
VERSUS
THE NEW INDIA ASSURANCE CO. LTD. AURANGABAD
...
Advocate for Applicants : Mr. Sanap R.D. (a/2 To
4 Minor U/c Of Mother)
Mr S.R. Bodade For R/1.
CORAM: P.R.BORA, J.
DATE : 25th July,2017.
PER COURT :
1)Heard learned Counsel appearing for
applicants and learned Counsel appearing for
appellant - insurance company.
2)Having regard to the grounds of
objections raised in exception to the impugned
Award and the averments in the application for
withdrawal of the amount, I deem it appropriate
to pass the following order,
ORDER
i) The applicants are permitted to withdraw
50% of the deposited amount on submitting an
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undertaking to the satisfaction of the Registrar
of this Court.;
ii)Balance 50% amount be invested in Fixed
Deposit Receipt of any Nationalized Bank,
initially for a period of two years and if so
required for further period till disposal of the
appeal;
iii)Civil Application stands disposed of in
above terms.
iv)List the matter for final disposal on
29th August, 2017.
(P.R.BORA,J.)
bdv/
Anita Sumant Shinde and Others
The New India Assurance Co. Ltd. Aurangabad
P.R.Bora
As recorded by the court registry
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