{"id":21853,"date":"2011-01-25T00:00:00","date_gmt":"2011-01-24T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/national-vs-amratbhai-on-25-january-2011"},"modified":"2017-12-19T07:06:33","modified_gmt":"2017-12-19T01:36:33","slug":"national-vs-amratbhai-on-25-january-2011","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/national-vs-amratbhai-on-25-january-2011","title":{"rendered":"National vs Amratbhai on 25 January, 2011"},"content":{"rendered":"<div class=\"docsource_main\">Gujarat High Court<\/div>\n<div class=\"doc_title\">National vs Amratbhai on 25 January, 2011<\/div>\n<div class=\"doc_author\">Author: M.R. Shah,&amp;Nbsp;<\/div>\n<pre>   Gujarat High Court Case Information System \n\n  \n  \n    \n\n \n \n    \t      \n         \n\t    \n\t\t   Print\n\t\t\t\t          \n\n  \n\n\n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t \n\t\n\n\n \n\n\n\t \n\nCA\/14698\/2010\t 2\/ 2\tORDER \n \n \n\n\t\n\n \n\nIN\nTHE HIGH COURT OF GUJARAT AT AHMEDABAD\n \n\n \n\n\n \n\nCIVIL\nAPPLICATION - FOR STAY No. 14698 of 2010\n \n\nIn\n\n\n \n\nFIRST\nAPPEAL No. 3983 of 2010\n \n\n=========================================================\n\n\n \n\nNATIONAL\nINSURANCE CO LTD - Petitioner(s)\n \n\nVersus\n \n\nAMRATBHAI\nDALSUKHBHAI RAVAL &amp; 5 - Respondent(s)\n \n\n=========================================================\n \nAppearance : \nMR\nMEHUL SHARAD SHAH for\nPetitioner(s) : 1, \nMR VY TRIPATHI for Respondent(s) : 1, \nRULE\nSERVED for Respondent(s) : 2 - 4. \nRULE NOT RECD BACK for\nRespondent(s) : 5 -\n6. \n=========================================================\n\n\n \n\t  \n\t \n\t  \n\t\t \n\t\t\t \n\nCORAM\n\t\t\t: \n\t\t\t\n\t\t\n\t\t \n\t\t\t \n\nHONOURABLE\n\t\t\tMR.JUSTICE M.R. SHAH\n\t\t\n\t\n\n \n\n \n \n\n\n \n\nDate\n: 25\/01\/2011 \n\n \n\n \nORAL\nORDER<\/pre>\n<p>1.\tPresent<br \/>\napplication has been preferred by the applicant herein-original<br \/>\nopponent no.6-National Insurance Company Limited to stay the further<br \/>\nexecution, implementation and operation of the judgment and award<br \/>\npassed by the learned Motor Accident Claims Tribunal (Main),<br \/>\nPanchmahal at Godhra in MACP No.288 of 1997, during the pendency and<br \/>\nfinal disposal of the main appeal.\n<\/p>\n<p>2.\tIt<br \/>\nis reported that pursuant to the order passed by this Court dated<br \/>\n14.12.2010 in present application, applicant Insurance Company has<br \/>\ndeposited entire awarded amount before the learned Tribunal.\n<\/p>\n<p>3.\tHaving<br \/>\nheard Shri Mehul Sharad Shah, learned advocate for the applicant and<br \/>\nShri Tripathi, learned advocate for the original claimants and<br \/>\nlooking to the defence taken by the appellant Insurance Company, the<br \/>\nTribunal is directed to invest the entire amount as awarded by it<br \/>\nwith interest and cost in a fixed deposit in the name of Nazir,<br \/>\ninitially for a period of five years in any Nationalized Bank. The<br \/>\nTribunal is further directed to  continue to renew the aforesaid<br \/>\nfixed deposit as and when matured till any further order is passed by<br \/>\nthis Court or till final disposal of the appeal. However, the<br \/>\nclaimants shall be entitled to withdraw periodical interest on 50%<br \/>\namount with proportionate cost and interest. Meaning thereby the<br \/>\nTribunal is directed to invest 50% amount awarded with proportionate<br \/>\ncost and interest in a fixed deposit with cumulative interest and 50%<br \/>\namount in fixed deposit permitting the claimants to withdraw the<br \/>\nperiodical interest on the same. Fixed deposit shall be kept with the<br \/>\nNazir and there shall not be any loan or advance on the said deposit.<br \/>\nWithdrawal of the interest by the claimants on the aforesaid amount<br \/>\nshall be without prejudice to the rights and contentions of the<br \/>\nrespective parties in the First Appeal and subject to ultimate<br \/>\noutcome of the appeal. Rule is made absolute to the aforesaid extent.\n<\/p>\n<p>(M.R.SHAH,J.)<\/p>\n<p>kaushik<\/p>\n<p>\t\t   \u00a0\u00a0\u00a0<\/p>\n<p>\t\t   Top<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gujarat High Court National vs Amratbhai on 25 January, 2011 Author: M.R. Shah,&amp;Nbsp; Gujarat High Court Case Information System Print CA\/14698\/2010 2\/ 2 ORDER IN THE HIGH COURT OF GUJARAT AT AHMEDABAD CIVIL APPLICATION &#8211; FOR STAY No. 14698 of 2010 In FIRST APPEAL No. 3983 of 2010 ========================================================= NATIONAL INSURANCE CO LTD &#8211; Petitioner(s) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,8],"tags":[],"class_list":["post-21853","post","type-post","status-publish","format-standard","hentry","category-gujarat-high-court","category-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>National vs Amratbhai on 25 January, 2011 - Free Judgements of Supreme Court &amp; 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