Saguna @ Sangana Ramesh Chavan And ORS v. New India Assurance Co. Ltd., Thr Its Authorized Signatory, Aurangabad And ORS
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD 915 CIVIL APPLICATION NO. 11652/2018 IN FAST/20380/2018 SAGUNA @ SAGANA RAMESH CHAVAN AND ORS
VERSUS
NEW INDIA ASSURANCE CO. LTD., THR ITS AUTHORIZED SIGNATORY, AURANGABAD ...
Advocate for Applicants : Shri P.D.Dadpe Advocate for Respondent No.1 : Shri Mohit R. Deshmukh ...
CORAM : P.R. BORA, J.
Date: September 19, 2018 ...
PER COURT :- After hearing learned Counsel appearing for the parties, the following order is passed:-
ORDER
I) Application is partly allowed.
II) The applicants are permitted to withdraw 50% of the deposited amount alongwith interest accrued thereon subject to submitting an undertaking to the satisfaction of the Registrar (Judicial) of this Court. The balance amount be deposited in the Fixed Deposit Receipt in any nationalized Bank, initially for a period of two years, and if so required, for further period till decision of the appeal.
III) Civil Application No.11652 of 2018 stands disposed of.
( P.R. BORA, J. ) SPT