Reliance General Insurance Company Limited Through Its Corporate Office v. Mr. Nipun Saurabh Sharma And ANR.

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.4001 OF 2018 IN FIRST APPEAL (ST) NO.20282 OF 2018 Reliance General Insurance Co.Ltd.

...

Applicant V/s.

Nipun Saurabh Sharma and ors ...

Respondents Mr.Rahul Mehta, i/by KMC Legal Venture, for the the applicant.

CORAM : DR.SHALINI PHANSALKAR-JOSHI, J.

DATE : 1stNOVEMBER, 2018.

P.C. :

1] Not on board.

2] Upon mentioning, taken on today's board.

3] Heard learned counsel for the applicant.

4] 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 six 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 six weeks from today, failing which the stay to 511 caf 4001 of 2018 1/2

stand automatically vacated without any further reference to the Court.

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.] 511 caf 4001 of 2018 2/2