The New India Assurance Co. Ltd.Through Centralized Motor Tp Claims Hub v. Shri. Rambaran R. Yadav And ORS.

Dixit

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.2887 OF 2016 IN FIRST APPEAL (STAMP) NO.10359 OF 2016 The New India Assurance Co. Ltd., Mumbai .... Applicant V/s.

Rambaran R. Yadav and Ors.

.... Respondents Mr. Devendranath S. Joshi for the Applicant-Insurance Company. Mr. Rajesh S. Patil for Respondent Nos.1 and 2. CORAM : DR. SHALINI PHANSALKAR-JOSHI, J.

DATE : 27 TH SEPTEMBER, 2018.

P.C. :

1.

Heard Mr. Joshi, learned counsel for the Applicant-Insurance Company, and Mr. Patil, learned counsel for Respondent Nos.1 and 2. 2.

Learned counsel for the Applicant-Insurance Company submits that, the Applicant-Insurance Company would be depositing the entire decreetal amount in the Tribunal within a period of four weeks from today.

3.

Hence, the stay is granted to the execution of the 'Decree', subject to deposit of the entire decreetal amount in the Tribunal within a period of four weeks from today, failing which the stay to stand automatically vacated without any further reference to the Court. 4.

The amount of Rs.25,000/-, which is deposited as a statutory deposit in this Court, be transferred to the concerned Tribunal. 5.

Civil Application is disposed off.

[DR. SHALINI PHANSALKAR-JOSHI, J.] 1/1 21-CAF-2887-16==.doc