{"id":248792,"date":"2011-08-24T00:00:00","date_gmt":"2011-08-23T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/bank-vs-ms-on-24-august-2011"},"modified":"2018-05-05T08:29:30","modified_gmt":"2018-05-05T02:59:30","slug":"bank-vs-ms-on-24-august-2011","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/bank-vs-ms-on-24-august-2011","title":{"rendered":"=========================================Bank vs M\/S on 24 August, 2011"},"content":{"rendered":"<div class=\"docsource_main\">Gujarat High Court<\/div>\n<div class=\"doc_title\">=========================================Bank vs M\/S on 24 August, 2011<\/div>\n<div class=\"doc_author\">Author: Ks Jhaveri,<\/div>\n<pre id=\"pre_1\">  \n Gujarat High Court Case Information System \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\/7364\/2011\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\n \n\n\n \n\nCIVIL\nAPPLICATION - FOR STAY No. 7364 of 2011\n \n\nIn\n\n\n \n\nFIRST\nAPPEAL No. 2087 of 2011\n \n\n \n\n\n \n\n \n\n\n \n\n=========================================BANK\nOF BARODA - Petitioner(s)\n \n\nVersus\n \n\nM\/S\nJINDAL POLYESTER &amp; STEEL LTD (FORMERLY AS HINDUSTAN PIPE &amp; 2\n- Respondent(s)\n \n\n========================================= \nAppearance\n: \nMRYHMOTIRAMANI for\nPetitioner(s) : 1, \nRULE NOT RECD BACK for Respondent(s) : 1 -\n3. \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 KS JHAVERI\n\t\t\n\t\n\n \n\n\t\t\t\t\n \n\n\t\t\t\tDate\n: 24\/08\/2011 \n\n \n\n \n \n\n\n \n\n\t\t\t\tORAL\nORDER<\/pre>\n<p id=\"p_1\">1.\tHeard<br \/>\nLearned Advocate for the applicant.\n<\/p>\n<p id=\"p_1\">2.\tInterim<br \/>\nrelief is granted against execution of the impugned award on<br \/>\ncondition that the applicant deposits with the Tribunal the entire<br \/>\nawarded amount within a period of eight weeks from today. On deposit<br \/>\nof the amount, the said amount shall be invested in the name of the<br \/>\nNazir of the Trial Court with a nationalized bank initially for a<br \/>\nperiod of three years and on maturity shall be renewed by one year at<br \/>\na time without any further orders in this regard till the disposal of<br \/>\nthe appeal. The Fixed Deposit shall be kept with the Nazir of the<br \/>\nTrial Court. The periodical interest that may be accrued on the said<br \/>\ndeposit shall be paid to the original plaintiff.\n<\/p>\n<p id=\"p_2\">3.\t\tIt<br \/>\nis, however, clarified that it will be open for the original<br \/>\nplaintiff to move this Court for appropriate modification for interim<br \/>\nrelief.\n<\/p>\n<p id=\"p_3\">4.\t\tWith<br \/>\nthe above observation, the application stands disposed of<br \/>\naccordingly.\n<\/p>\n<p id=\"p_4\">[K.S.JHAVERI,J.]<\/p>\n<p>pawan<\/p>\n<p>\t\t   \u00a0\u00a0\u00a0<\/p>\n<p>\t\t   Top<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gujarat High Court =========================================Bank vs M\/S on 24 August, 2011 Author: Ks Jhaveri, Gujarat High Court Case Information System Print CA\/7364\/2011 2\/ 2 ORDER IN THE HIGH COURT OF GUJARAT AT AHMEDABAD CIVIL APPLICATION &#8211; FOR STAY No. 7364 of 2011 In FIRST APPEAL No. 2087 of 2011 =========================================BANK OF BARODA &#8211; Petitioner(s) Versus M\/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-248792","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 v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>=========================================Bank vs M\/S on 24 August, 2011 - Free Judgements of Supreme Court &amp; 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