Sbi General Insurance Co. Ltd. v. Smt. Rohini Vinod Dongre And ORS.

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.3086 OF 2016 IN FIRST APPEAL NO.1158 OF 2016 SBI General Insurance Co.Ltd.

.... Applicant.

V/s.

Rohini Vinod Dongre and others .... Respondents Mr. Devendranath S. Joshi, for the Applicant. CORAM : DR. SHALINI PHANSALKAR-JOSHI, J.

DATE : 27TH SEPTEMBER, 2016.

P.C. :

1.

This application is for stay to the execution of the judgment and award dated passed by Motor Accident Claims Tribunal, Pune, in MACP No.956 of 2013.

2.

Learned counsel for the applicant makes a statement that the applicant is ready to deposit the entire decretal amount in the Tribunal, within four weeks from the date of this order. Statement is accepted. 3.

In view thereof, stay is granted to the execution and implementation of the award in terms of prayer clause (a) subject to condition that the applicant deposits the entire amount within a period of four weeks, in the Tribunal, from today.

4.

On applicant's depositing amount in the Tribunal, the Tribunal 1/2 p1 FA 1158 OF 2016.doc

to invest the said amount in any nominalized bank, initially for a period of one year and thereafter to be renewed from time to time till disposal of the appeal. On applicant's failure to deposit the entire amount within the stipulated period, the stay granted shall stand vacated automatically and the application shall stand dismissed without further reference to this Court.

5.

Application is disposed of accordingly.

[DR. SHALINI PHANSALKAR-JOSHI, J.] 2/2 p1 FA 1158 OF 2016.doc