Cholamandalam General Insurance Co. Ltd., Thr Its Branch Manager, Aurangabad v. Vijaya Ankush Korde And ORS

1 CA7381/18

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD 942 CIVIL APPLICATION NO. 7381 OF 2018 IN FAST/16019/2018 CHOLAMANDALAM GENERAL INSURANCE CO. LTD., THROUGH ITS BRANCH MANAGER, AURANGABAD

VERSUS

VIJAYA ANKUSH KORDE AND ORS ...

Advocate for Applicants : Mr. Chapalgaonkar S.G. ...

CORAM : K.K. SONAWANE, J.

DATE : 14th JUNE, 2018 PER COURT :

1.

Heard learned counsel for the applicant. Perused the application.

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 Accident Claims Tribunal, Newasa in MACP No. 16 of 2015. Hence, the execution and implementation to the impugned Award is hereby stayed subject to condition that the applicant-Insurance Company shall deposit the entire

2 CA7381/18 decretal amount awarded by the Motor Accident Claims 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 amount. Civil application for stay is disposed of accordingly.

( K.K. SONAWANE, J. ) SRM/14/6/18