Reliance General Insurance Co.Ltd. v. Shri.Narayan Ramchandra Lotake And ORS.

Sherla V.

caf.1896.2017_509(2).doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.1896 OF 2017 IN FIRST APPEAL st. NO.17348 OF 2017 Reliance General Insurance Company Ltd.

.. Appellant Vs.

Shri Narayan Ramchandra Lotake & Ors.

... Respondents Ms.Poonam Mittal for the Appellant / insurance company Mr.S.G. Thorat for Respondent Nos.1 & 2 CORAM: MRS.MRIDULA BHATKAR, J.

DATE: NOVEMBER 21, 2017 P.C.:

1.

Not on Board. Upon mentioning, taken on Board. 2.

By this Civil Application, the applicant / insurance Company seeks stay to the operation and execution of the impugned judgement and award dated 14.10.2016 passed by the Motor Accident Claims Tribunal, Ichalkaranji, in MACP No.71 of 2011, as execution proceedings are moved against the insurance company. The learned Counsel for the applicant/appellant submits that the insurance company has deposited an amount of Rs.46,72,219/- which includes the amount of compensation alongwith interest @ 7.5% p.a. which was awarded by the learned Member, Motor Accident Claims Tribunal, Ichalkaranji.

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caf.1896.2017_509(2).doc 3.

Learned Counsel for respondent Nos.1 and 2 is present. 4.

In view of the submissions, the operation and execution of the impugned judgement and award dated 14.10.2016 is stayed, pending appeal. The statutory amount of Rs.25,000/- deposited in this Court at the time of filing of appeal shall be transferred to the concerned Motor Accident Claims Tribunal.

5.

Civil Application is disposed of accordingly. (MRIDULA BHATKAR, J.) 2 / 2