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Bombay High CourtCA/5471/2014admittedallowedgrantedrule absolute

Economy Refrigeration Ltd. v. Asia Pacific Breweries Ltd. Aurangabad

2015-02-11Hon'Ble Shri Justice M.T. Joshi2 pages

1 22-CA5471-14.full.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD CIVIL APPLICATION NO.5471 OF 2014 IN FA/1198/2014 ECONOMY REFRIGERATION LTD.

VERSUS

ASIA PACIFIC BREWERIES LTD. AURANGABAD -- Mrs.Vanita Sangole, advocate i/b.

Mrs.M.A.Kulkarni, advocate for applicants -- CORAM : M.T. JOSHI, J.

DATE : FEBRUARY 11, 2015 PER COURT :

Heard.

2] It is an admitted fact that 50% of the amount under the award, is deposited by the applicants, as directed earlier.

3] In the circumstances, the interim stay granted earlier, is hereby made absolute on the same terms and conditions.

2 22-CA5471-14.full.odt 4] Considering the fact that the money decree is under challenge in the present proceedings, respondent no.2 is at liberty to withdraw the amount deposited by the present applicants, upon furnishing surety in the like amount.

5] The application is disposed of accordingly.

[M.T. JOSHI, J.] kbp