Reliance General Insurance Co. Ltd. v. Shri. Kamalakar Laxman Vaykul (Since Deceased His Name Is Deleted) And ORS.

Megha 11_caf_3544_2016.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.3544 OF 2016 IN FIRST APPEAL (STAMP) NO.15700 OF 2016 Reliance General Insurance Co. Ltd.

...Applicant

Versus

Kamalakar Laxman Vayakul (since deceased his name is deleted and Ors.)

...Respondent

.....

Ms Poonam Mittal for the Applicant/Appellant. Mr. Rohan Darandale for the Respondent Nos.1 to 3 and for the Applicant in CAF/1059/2018.

CORAM : SMT. ANUJA PRABHUDESSAI, J.

DATED: 18th APRIL, 2018.

P.C.:- By this application, the Applicant has sought to stay the execution and implementation of the judgment and award dated 15th December, 2015 passed by Ex-officio Member, M.A.C.T., Alibag-Raigad in M.A.C.P. No.370 of 2011.

2.

By the impugned judgment, the Tribunal has awarded compensation of Rs.32,24,289/- with interest @ 8% per annum from the date of filing of the application till final payment. Megha 1/2

Megha 11_caf_3544_2016.doc 3.

The learned counsel for the Applicant submits that the Appellant has deposited the entire amount of Rs.47,33,265/- which includes the principal as well as interest. Statement is accepted. 4.

In the light of the above statement, execution of judgment and award dated 15th December, 2015 is stayed till the disposal of the appeal. The Civil Application stands disposed of. (SMT. ANUJA PRABHUDESSAI, J.) Megha 2/2