M/S Shriram General Insurance Company Ltd, Sitapura Jaipur Thr Its Branch Manager Aurangabad v. Shriram Namdeo Ajbe and Ors.
Case brief
What is this about?
This High Court at Aurangabad allowed a civil application for stay of the operation, implementation, and execution of an impugned judgment and award. The stay is conditional upon the applicant depositing the entire award amount within 8 weeks; otherwise, the order automatically vacates.
What did the court decide?
Stayed the operation, implementation, and execution of the impugned judgment and award, conditional on deposit of the entire award amount within 8 weeks.