The New India Assurance Co. Ltd. Through Mumbai Regional Office No. 1 v. Mr. Babulal Dharamchand Jain And ORS.

Dixit

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.386 OF 2015 IN FIRST APPEAL NO.148 OF 2015 The New India Assurance Co. Ltd., Mumbai .... Applicant V/s.

Babulal Dharamchand Jain & Ors.

.... Respondents Mr. Devendranath S. Joshi for the Applicant.

Mr. Tejpal S. Ingale for Respondent Nos.1 to 4.

CORAM

: DR. SHALINI PHANSALKAR-JOSHI, J.

DATE : 17 TH OCTOBER, 2018.

P.C. :

1.

Heard Mr. Joshi, learned counsel for the Applicant, and Mr. Ingale, learned counsel for Respondent Nos.1 to 4.

2.

Learned counsel for the Applicant submits that, the Applicant 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 by the Applicant as a statutory deposit in this Court, be transferred to the concerned Tribunal.

5.

Civil Application is disposed off.

[DR. SHALINI PHANSALKAR-JOSHI, J.] 1/1 920-CAF-386-15==.doc