Krushnath @ Bablu Nagnath Devkar v. Cholamandalam General Insurance Co. Ltd., And ANR

914-CA-7109-20.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD CIVIL APPLICATION NO. 7109 OF 2020 IN FIRST APPEAL (ST) NO. 27818 OF 2019 Krushnath @ Babalu Naganath Devkar ..APPLICANT

VERSUS

Cholamandalam MS General Insurance Co. Ltd.

Through its Branch Manager, Solapur and Another ..RESPONDENTS ....

Mr. S.B. Choudhari, Advocate for applicant Mr. S.B. Dargad, Advocate h/f Mr. S.G. Chapalgaonkar, Advocate for respondent no.1 ....

CORAM : R.G. AVACHAT, J.

DATED : 09th JUNE, 2021 PER COURT :

1.

Heard. Learned counsel for the acquiring body opposes the application.

2.

Considering the impugned award and the averments in the application, the applicant is permitted to withdraw 70% of the amount deposited in this Court. 50% of the amount be paid on his furnishing undertaking and 20% as against solvent surety to the satisfaction of the 1 / 2

914-CA-7109-20.odt Registrar (Judicial). The balance amount be kept in fixed deposit with any of the nationalised banks, pending appeal.

3.

Civil application is disposed of accordingly. ( R.G. AVACHAT, J. ) SSD 2 / 2