Gujarat High Court Case Information System
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CA/4624/2010 2/ 2 ORDER
IN
THE HIGH COURT OF GUJARAT AT AHMEDABAD
CIVIL
APPLICATION - FOR STAY No. 4624 of 2010
In
FIRST
APPEAL No. 1128 of 2010
=========================================================
UNITED
INDIA INSURANCE CO. LTD - Petitioner(s)
Versus
KANJIBHAI
@ BABUBHAI BHIMABHAI SOLANKI, L.R.OF BAI & 7 - Respondent(s)
=========================================================
Appearance :
MR
NAVNIT M TAILOR for
Petitioner(s) : 1,
RULE SERVED for Respondent(s) : 1 - 6, 8,
MR
HITESH S PADHYA for Respondent(s) : 1 - 4.
- for Respondent(s) :
0.0.0
=========================================================
CORAM
:
HONOURABLE
MR.JUSTICE KS JHAVERI
Date
: 28/12/2010
ORAL
ORDER
Heard
learned Advocate for the applicant.
Ad-interim
relief granted earlier is confirmed on the same terms and conditions.
Out of total amount of award which has been deposited by the
applicant, 60% of the amount shall be deposited by way of Fixed
Deposit in the name of Nazir of the Tribunal with 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. The Fixed Deposit shall be
kept with the Nazir of the Tribunal. The periodical interest that
may be accrued on the said deposit shall be paid to the original
claimants. Whereas, 40 % of the awarded amount is permitted to be
withdrawn by the original claimant, which will be adjusted at the
time of outcome of the appeal.
Rule
is made absolute accordingly with no order as to costs.
(K
S JHAVERI, J.)
sompura
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