Gujarat High Court
National vs Chandulal on 22 December, 2010
Gujarat High Court Case Information System Print CA/11619/2010 1/ 1 ORDER IN THE HIGH COURT OF GUJARAT AT AHMEDABAD CIVIL APPLICATION - FOR STAY No. 11619 of 2010 In FIRST APPEAL No. 2963 of 2010 ========================================================= NATIONAL INSURANCE CO LTD, REGISTERED OFFICE AT 1, MIDDLETON - Petitioner(s) Versus CHANDULAL HARGOVANDAS PATEL & 2 - Respondent(s) ========================================================= Appearance : MR SUNIL B PARIKH for Petitioner(s) : 1, MR TEJAS P SATTA for Respondent(s) : 1 - 2. MR JAYESH V PATEL for Respondent(s) : 1 - 2. RULE SERVED for Respondent(s) : 3, ========================================================= CORAM : HONOURABLE MR.JUSTICE KS JHAVERI Date : 22/12/2010 ORAL ORDER
The
Tribunal is directed to invest the entire amount to be deposited by
the applicant in a
Nationalized Bank by way of an FDR initially for a period of three
years and the same shall be renewed from time to time till final
disposal of the main appeal. The Tribunal is directed to pay
quarterly interest accumulated on the said FDR to the concerned
opponent-orig.claimants by an account payee cheque. The FDR be
retained by the Nazir of the Tribunal.
Rule
is made absolute accordingly with no order as to costs.
(K.S.
Jhaveri, J)
Aakar
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