Chetan vs New on 22 April, 2010

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CA/3999/2010	 1/ 1	ORDER 
 
 

	

 

IN
THE HIGH COURT OF GUJARAT AT AHMEDABAD
 

 


 

CIVIL
APPLICATION - FOR ORDERS No. 3999 of 2010
 

In


 

FIRST
APPEAL No. 664 of 2008
 

 
=========================================================

 

CHETAN
KANTIBHAI PATEL & 3 - Petitioner(s)
 

Versus
 

NEW
INDIA ASSURANCE COMPANY LIMITED & 2 - Respondent(s)
 

=========================================================
 
Appearance
: 
MR
PARESH M DARJI for
Petitioner(s) : 1 - 4. 
MR SHALIN MEHTA for Respondent(s) : 1 -
3. 
=========================================================


 
	  
		 
			 

CORAM
			: 
			
		
		 
			 

HONOURABLE
			MR.JUSTICE BHAGWATI PRASAD
		
	
	 
		 
		 
			 

and
		
	
	 
		 
		 
			 

HONOURABLE
			MR.JUSTICE J.C.UPADHYAYA
		
	

 

 


 

Date
: 22/04/2010 

 

 
 
ORAL
ORDER

(Per
: HONOURABLE MR.JUSTICE BHAGWATI PRASAD)

Heard
learned counsel for the parties. The 50% of the amount deposited with
the Tribunal will be available to be disbursed to the claimants on
the condition that they will furnish a solvent security with a
surety, that if in case an adverse order is passed in appeal, they
will return the money with current rate of interest. The rest 50% of
the amount with the Tribunal will be invested in a fixed deposit
which earns recurring interest. Civil application stands disposed of
accordingly.

(BHAGWATI
PRASAD, J.)

(J.C.UPADHYAYA,
J.)

*
Pansala.

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