Shobha Ramesh Rokade And ORS v. Iffco Tokyo General Insurance Co. Ltd., Thr Its Authorized Signatory, Aurangabad And ORS

932-CA-11628-21.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD CIVIL APPLICATION NO. 11628 OF 2021 IN FIRST APPEAL NO. 23 OF 2021 Shobha Ramesh Rokade and Others ..APPLICANTS

VERSUS

IFFCO Tokyo General Insurance Co. Ltd.

Through it's Branch Manager, Latur and Others ..RESPONDENTS ....

Mr. V.S. Kadam, Advocate for applicants Mr. S.G. Chapalgaonkar, Advocate for respondent no.1 Mr. V.P. Golewar, Advocate for respondent nos. 2 and 3 ....

CORAM : R.G. AVACHAT, J.

DATED : 22nd OCTOBER, 2021 PER COURT :

1.

Heard. Perused the impugned award.

2.

Learned counsel for Respondent No.1 - insurance company objects to permit withdrawal of the amount.

3.

For the reasons given in the application, the applicants are permitted to withdraw 60% of the amount in deposit on submitting usual undertaking to the satisfaction of the Registrar (Judicial) of this Court. The 1 / 2

932-CA-11628-21.odt amount be paid to the applicants equally. Balance 40% amount be invested in fixed deposit with any of the nationalised bank, pending the appeal. Civil application stands disposed of accordingly.

( R.G. AVACHAT, J. ) SSD 2 / 2