Ghanshyam Pundlik Wahule And ANR v. Reliance General Insurance Co. Ltd. Thr Its Branch Manager And ANR

954 ca 13066.16.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD 954 CIVIL APPLICATION NO. 13066/2016 IN FA/2595/2016 GHANSHYAM PUNDLIK WAHULE AND ORS

VERSUS

THE RELIANCE GENERAL INSURANCE CO. THR ITS BRANCH MANAGER ...

Advocate for Appellant : Mayure Pramod C.

Advocate for Respondents : Chapalgaonkar S.G. ...

CORAM : P.R. BORA, J.

DATE : 30-09-2016.

Per Court :

1.

Heard the learned counsel appearing for the applicants i.e. original claimants and the learned counsel appearing for the appellant insurance company. For the reasons stated in the application for withdrawal of the deposited amount and considering the objections raised to the impugned judgment by the appellant insurance company. I deem it appropriate to pass the following order:

ORDER

i) The applicants are at present permitted to withdraw a sum or Rs. Three Lakh from the deposited amount on submitting an undertaking that in the event any adverse order is passed they will re-deposit the said amount within four months of passing such order. ii) The remaining amount shall be invested in Fixed

954 ca 13066.16.odt Deposit Receipts in any Nationalised Bank, initially for a period of two years, if so required for a further period till disposal of the appeal.

iii) Civil application stands disposed of.

(P.R. BORA) JUDGE mub