The National Insurance Co Ltd., Divisional Office At Station Road, Aurangabad v. Shivnanda Anand Magre And ORS
CA 4636/2020 IN FAST 12455/20 - 1 -
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD 904.1 CIVIL APPLICATION NO.4636 OF 2020 IN FIRST APPEAL (ST) NO.12455 OF 2020 THE NATIONAL INSURANCE CO. LTD., DIVISIONAL OFFICE AT STATION ROAD, AURANGABAD
VERSUS
SHIVNANDA ANAND MAGRE AND OTHERS =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- Shri Ajit B. Kadethankar, Advocate for the applicant/appellant.
CORAM
: V.L. ACHLIYA, J.
DATE : 04.08.2020 PER COURT :
1] Heard learned counsel for the applicant / appellant. 2] Learned counsel makes a statement across the Bar that the amount in terms of the award shall be deposited within six weeks. It is submitted that the appellant has good case on merits to succeed in appeal. In case execution of award is not stayed, there is every likelihood that the purpose of fling the appeal may be frustrated.
3] Considering the submissions made, the application is allowed in terms of prayer clause (B) subject to deposit of the amount in this Court in terms of the award within six weeks. On failure to deposit the amount within the prescribed period, stay granted shall stand vacated unless the time is extended to deposit the amount.
4] Civil application be marked as disposed of in above terms.
(V.L. ACHLIYA, J.) ndk/c48209.doc