The New India Assurance Co Ltd v. Shri Amol Vilas @ Bilas Shinde ..

16-CAF3124-12.DOC Shephali

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 3124 OF 2012 IN FIRST APPEAL (ST) NO. 19899 OF 2012 The New India Assurance Co Ltd ...Applicant

Versus

Amol Vilas Alias Bilas Shinde

...Respondent

Mr Sandeep Jinsiwale , for the Appellant.

Mr Rahul Kate, for Respondent No. 1.

CORAM: G.S. PATEL, J DATED:

12th July 2017 PC:- 1.

Mr Kate waives service for Respondent No. 1.

2.

Since the entire amount has been deposited, there will be a stay on execution.

3.

The 1st Respondent is at liberty to withdraw 50% of the amount deposited without furnishing any security or undertaking. The remaining 50% amount is to be invested, if not already done, in a fixed deposit with any nationalized bank.

12th July 2017

16-CAF3124-12.DOC 4.

The amount of statutory deposit is also to be transferred to the MACT, Pune and will also be invested in a fixed deposit with any nationalized bank.

5.

The Civil Application is disposed of in these terms with no order as to costs.

(G. S. PATEL, J.) 12th July 2017