Smt. Namrata Jairaj Palve And ORS. v. The New India Assurance Co. Ltd. Nashik Divisional Office-I

Sherla V.

fa.1193.2014+_8.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION FIRST APPEAL NO.1193 OF 2014 a/w CAF/2961/2015 New India Assurance Co. Ltd.

... Appellant Vs.

Smt.Namrata Jairaj Palve & Ors.

... Respondents Mr.S.M. Dange for the Appellant Mr.Rajesh More for Respondent Nos.1 to 5 and for Applicant in CAF/2961/2015 CORAM: MRS.MRIDULA BHATKAR, J.

DATE: 9th SEPTEMBER, 2015 P.C.:

1.

Heard.

2.

Appeal admitted.

CIVIL APPLICATION NO.2961 OF 2015: - 3.

The learned Counsel for the original claimants submits that pursuant to the order dated 26.11.2014, the entire amount of the award is deposited. He prays that the applicants be allowed to withdraw the amount of their share as per the impugned judgment and award. 1 / 2

fa.1193.2014+_8.doc 4.

The learned Counsel for the Insurance Company submits that he has deposited Rs.28 lacs.

5.

Therefore, out of Rs.28 lacs, the applicants are allowed to withdraw Rs.15 lacs in the ratio as directed by the learned Tribunal in paragraph 2 of its operative order, on furnishing an undertaking to the satisfaction of the Tribunal. The remaining amount shall be invested in a fixed deposit with a nationalised bank.

6.

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