Oriental vs Parmar on 30 November, 2010

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CA/12643/2010	 1/ 2	ORDER 
 
 

	

 

IN
THE HIGH COURT OF GUJARAT AT AHMEDABAD
 

 


 

CIVIL
APPLICATION - FOR STAY No. 12643 of 2010
 

In


 

FIRST
APPEAL No. 3191 of 2010
 

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


 

ORIENTAL
INSURANCE COMPANY LTD, REDG. OFFICEAT ORIENTAL - Petitioner(s)
 

Versus
 

PARMAR
BHARATBHAI HIRABHAI & 1 - Respondent(s)
 

=========================================================
Appearance : 
MS
KARUNA V RAHEVAR for Petitioner(s) : 1, 
RULE SERVED for
Respondent(s) : 1 -
2. 
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CORAM
			: 
			
		
		 
			 

HONOURABLE
			MR.JUSTICE KS JHAVERI
		
	

 

 
 


 

Date
: 30/11/2010 

 

 
 
ORAL
ORDER

Ad
interim stay granted earlier is confirmed on the same terms and
conditions. Out of the amount deposited by the applicants, 70% shall
be invested by way of a fixed deposit in the name of Nazir of the
Tribunal with a nationalized bank initially for a period of three
years and on maturity shall be renewed by one year at a time without
any further orders in this regard till the disposal of the appeal.
Remaining 30% of the amount will be paid to the claimant by account
pay cheque
after proper verification. Rule is made absolute accordingly with no
order as to costs.

(K.S.JHAVERI,J.)

pawan

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