The New India Assurance Co. Ltd., Thr Its In-Charge, Aurangabad v. Shobhabai Gangadhar Tayade And ORS

{1} 31 stay.odt

IN THE HIGH COURT OF JUDICATURE OF BOMBAY

BENCH AT AURANGABAD 31 CIVIL APPLICATION NO. 7180 OF 2018 IN FA/1811/2018 THE NEW INDIA ASSURANCE CO. LTD., THR ITS IN-CHARGE, AURANGABAD

VERSUS

SHOBHABAI GANGADHAR TAYADE AND ORS ...

Advocate for Applicant : Mr. S.R. Bodade CORAM : K.K. SONAWANE, J.

DATE : 18th JUNE , 2018.

PER COURT:

1] Heard learned counsel for the applicant/appellant. 2] In view of the nature of subject matter, I do not find any impediment to grant stay to the execution and implementation to the impugned award passed by the Motor Accidents Claims Tribunal in MACP No. 685 of 2011. Hence, the execution and implementation to the impugned award passed by Motor Accidents Claim Tribunal is hereby stayed subject to condition that the appellant Acquiring Body shall deposit the entire decretal amount awarded by the tribunal, alongwith interest accrued thereon in this appeal, within a period of four weeks. On failure to deposit the amount within the stipulated period, the stay granted shall stand automatically vacated, with liberty to the claimants to take recourse to law, for recovery of the amount. Civil application for stay is disposed of accordingly. [K.K. SONAWANE] JUDGE.

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