Mohammad Rafiq Chandpasha Bagwan v. National Insurance Company Ltd. And ORS

{1} 923-CA-9429-2016

IN THE HIGH COURT OF JUDICATURE OF BOMBAY

BENCH AT AURANGABAD CIVIL APPLICATION NO. 9429 OF 2016 IN FIRST APPEAL NO. 451 OF 1994 MOHAMMAD RAFIQ CHANDPASHA BAGWAN

VERSUS

NATIONAL INSURANCE COMPANY LTD AND OTHERS ...

Advocate for Applicant : Mr. G.N. Chincholkar Advocate for Respondent No.1 : Mr. V.N. Upadhye Advocate for Respondent No.3 : Mr. S.R. Deshpande ....

CORAM : S.G. DIGE, J.

DATE : 12th October, 2022 ORDER :

.

Heard learned Counsel for applicant and learned Counsel for respondent Nos.1 and 3. There is dispute in respect of rate of interest on the deposited amount. 2.

According to the learned Counsel for applicant, applicant is entitle for amount of Rs.95,000/- whereas as per the learned Counsel for respondent No.1, applicant is entitle for amount of Rs.65,000/- as per prevailing interest rate.

Pooja K.

{2} 923-CA-9429-2016 3.

Considering the submissions of all the learned Counsel and reasons mentioned in the application, application is allowed.

4.

The Account Section of this Court shall verify the entitlement of rate of interest to the applicant. 5.

The parties to act upon the calculations made by the Account Section of this Court.

6.

All the contentions of the parties are kept open. 7.

The Civil Application is disposed of.

[S.G. DIGE, J.] Pooja K.