Iffco - Tokio General Insurance Co. Ltd. v. Mr. Sikandar Ramsabhuj Yadav And ORS.

57 CAF 3283 OF 2018.odt vks

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.3283 OF 2018 IN FIRST APPEAL (ST) NO.16864 OF 2018 Iffco Tokio General Insurance Co.Ltd.

...

Applicant V/s.

Sikandar Ramsabhuj Yadav and ors ...

Respondents Ms.

Deepika Motagi with Ms. Nisha Gandhi i/by Res Juris, for the applicant.

Mr. Sagar Sheth a/w Ms. Nikta i/by Navin Sheth for respondent No. 1.

CORAM : DR.SHALINI PHANSALKAR-JOSHI, J.

DATE : 12th SEPTEMBER, 2018.

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 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.

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57 CAF 3283 OF 2018.odt 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.] 2/2