The National Insurance Company Ltd. v. Smt. Bharti Nilesh Parekh And ORS.

Dixit

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.3792 OF 2018 IN FIRST APPEAL (STAMP) NO.29175 OF 2018 The National Insurance Co. Ltd., Mumbai .... Applicant V/s.

Bharti Nilesh Parekh and Ors.

.... Respondents Ms. Poonam R. Mital for the Applicant-Insurance Company. None for the Respondents.

CORAM

: DR. SHALINI PHANSALKAR-JOSHI, J.

DATE : 17 TH OCTOBER, 2018.

P.C. :

1.

Heard Ms. Mital, 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 Tribunal within a period of four 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 four weeks from today, failing which the stay to stand automatically vacated without any further reference to the Court. 1/2 958-CAF-3792-18-STAY==.doc

4.

The amount of Rs.25,000/-, which is deposited by the ApplicantInsurance Company as a statutory deposit in this Court, be transferred to the concerned Tribunal.

5.

Civil Application stands disposed off in the above terms. [DR. SHALINI PHANSALKAR-JOSHI, J.] 2/2 958-CAF-3792-18-STAY==.doc