Sarika Mangesh Jayrange And ORS v. United India Insurance Co. Ltd. And ORS

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD 927 CIVIL APPLICATION NO. 12861 OF 2016 IN FAST/11516/2016 SARIKA MANGESH JAYRANGE AND ORS

VERSUS

UNITED INDIA INSURANCE CO. LTD. AND ORS ...

Advocate for Applicants : Mr.Nagargoje Ankush N. Mr. S.G. Chapalgaonkar, Adv., for R/1.

...

CORAM : P.R. BORA, J.

Dated: September 23, 2016 ...

PER COURT :- 1.

Heard learned Counsel for the applicant and the learned Counsel appearing for respondent i.e. appellant Insurance Company.

2.

Considering the contentions raised in the application for withdrawal of the amount and having regard to the objections raised by the appellant Insurance Company in challenge to the impugned judgment and award, I deem it appropriate to pass following order:

ORDER

1.

The applicants are, at present, permitted to withdraw a sum of Rs.13,00,000/- ( Rs. Thirteen lacs) from the deposited amount. Balance amount be invested in a Fixed Deposit Receipt in any Nationalized Bank initially for a period of two years and, if required, for further period till disposal of the appeal. Civil Application for withdrawal of amount disposed of. ( P.R. BORA, J. ) AGP/-