Tata Aig General Insurance Company Limited v. Smt. Usha Jayprakash Kharwar And ORS.

Dixit

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.560 OF 2019 IN FIRST APPEAL (STAMP) NO.26262 OF 2018 TATA AIG General Insurance Co. Ltd., Mumbai .... Applicant V/s.

Usha Jayprakash Kharwar and Ors.

.... Respondents Mr. Nikhil Mehta, I/by M/s. KMC Legal Venture, for the Applicant. None for the Respondents.

CORAM

: DR. SHALINI PHANSALKAR-JOSHI, J.

DATE : 4 TH FEBRUARY, 2019.

P.C. :

1.

Heard learned counsel for the Applicant-Insurance Company. 2.

Learned counsel for the Applicant-Insurance Company submits that, the Applicant-Insurance Company would be depositing the entire decreetal amount in the concerned Tribunal within a period of eight 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 concerned Tribunal within a period of eight weeks from today, failing which the stay to stand automatically vacated without any further reference to the Court. 1/2 CAF-560-19-Stay==.doc

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.] 2/2 CAF-560-19-Stay==.doc