Mr. K.K. Abdul Gafoor And ORS v. The General Manager, Bajaj Allianz General Insurance Co Ltd

bsb 1 CAF2045-1128.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 2045 OF 2014 IN FIRST APPEAL NO. 695 OF 2014 Mr.K.K.Abdul Gafoor & ors.

... Applicants v/s The General Manager, Bajaj Allianz General Ins. Co. Ltd. & anr.

... Respondents ALONG WITH CIVIL APPLICATION NO. 1128 OF 2013 IN FIRST APPEAL NO. 695 OF 2014 The General Manager, Bajaj Allianz General Ins. Co. Ltd. & anr.

... Applicant v/s Shri K.K.Abdul Gafoor & ors.

... Respondents Mr.J.S. Kapre for the applicants in CAF No.2045 of 2014 and for the respondents in CAF No.1128 of 2013.

Mr.M.M. Sathaye for the applicant in CAF No.1128 of 2013 and for the respondents in CAF No.2045 of 2014.

CORAM: SMT. VASANTI A. NAIK & SHRI C. V. BHADANG, JJ.

DATED : 13TH FEBRUARY 2015 P.C.:

Heard the learned counsel for the parties. Perused the contents of the civil applications. Also perused the judgment of the Motor Accident Claims Tribunal.

bsb 2 CAF2045-1128.doc In the facts of the case, we permit each of the claimants to withdraw a sum of Rs.10,00,000/- on furnishing solvent surety/ security for a sum of Rs.5,00,000/- each. It would mean that the claimants would not be required to furnish security for withdrawal of Rs.5,00,000/- each. The balance amount may be placed in a fixed deposit account of a nationalized bank for a period of three years and the same should be renewed from time to time during the pendency of the first appeal.

The civil applications are allowed in the aforesaid terms and disposed of.

(C. V. BHADANG, J.) (VASANTI A. NAIK, J.)