Reliance General Insurance Co. Ltd. v. Mr. Ajaykumar Bholaprasad Gupta And ANR.

11 CAF3818 OF 2018 vks

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.3818 OF 2018 IN FIRST APPEAL (ST) NO.16491 OF 2018 Reliance General Insurance Co.Ltd ...

Appellant.

V/s.

Ajaykumar Bholaprasad Gupta and anr ...

Respondents Mr. Shalini Shankar, for the Applicant.

CORAM : DR.SHALINI PHANSALKAR-JOSHI, J.

DATE : 17th JANUARY, 2019.

P.C. :

1] Heard learned counsel for the Applicant-Insurance Company. 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 six 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 six 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 1/2

11 CAF3818 OF 2018 deposit in this Court be transferred to the concerned Tribunal. 5] Civil Application is disposed off.

[DR.SHALINI PHANSALKAR-JOSHI, J.] 2/2