The Oriental Insurance Co. Ltd., Thr Its Branch Manager, Osmanabad v. Rajashri Santosh Atkare And ORS
1 C.A. 8071.2018 in F.A. 1927.2018
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD 901 CIVIL APPLICATION NO. 8071 OF 2018 IN FIRST APPEAL NO. 1927 OF 2018 THE ORIENTAL INSURANCE CO. LTD.
THR. ITS BRANCH MANAGER, OSMANABAD
VERSUS
RAJASHRI SANTOSH ATKARE & ORS.
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Mr. R.F.Totla, Advocate for Applicant.
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CORAM : K.K.SONAWANE, J.
DATE : 28th JUNE, 2018 ......
ORAL ORDER :
1.
Heard learned counsel for the applicant - The oriental Insurance Co. Ltd.
2.
Perused the application and other relevant documents. 3.
Learned counsel for the applicant - Insurance Company submits that the entire decreetal amount and interest accrued thereon would be deposited within a period of four weeks. Therefore, he requested to grant stay.
4.
In view of the submission, there shall be stay to the execution and implementation of the impugned Judgment and Award passed by the learned Motor Accident Claims Trinbunal, Osmanabad in M.A.C.P. No. 118/2016, on condition that the applicant - The Oriental Insurance Co. Ltd. shall deposit the entire amount of compensation pursuant to the Award along with interest accrued thereon in this Court within a period of four weeks from today. Failure to which, the stay granted shall stand
2 C.A. 8071.2018 in F.A. 1927.2018 vacated automatically without further reference to the Court with liberty to the respondents/original claimants to avail the recourse of law for execution of the Award within ambit of law. 5.
Accordingly, Civil Application stands disposed of in above terms.
[K.K.SONAWANE] JUDGE KNP/C.A. 8071.2018 in F.A. 1927.2018