Veerbhadra Sidappa Malage And Another v. Maharashtra State Industrial Development Corporation, Latur And Another

CA 1505.2016+2.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD CIVIL APPLICATION NO. 1505 OF 2016 IN FA/279/2014 SHOBHABAI BALIRAM KAMBALE

VERSUS

MAHARASHTRA STATE INDUSTRIAL DEVELOPMENT CORPORATION,LATUR AND ANOTHER ...

WITH CA/1506/2016 IN FA/318/2014 WITH CA/1508/2016 IN FA/1042/2014 ...

Advocate for Applicant : Mr G N Kulkarni AGP for Respondents: Mr S R Yadav Advocate for Respondents : Mr S B Bhosale ...

CORAM : V.K. JADHAV, J.

Dated: March 07, 2016 ...

PER COURT :- 1.

As per the order passed by this Court dated 1.8.2014, the applicants have withdrawn 25% of the total amount on furnishing personal undertaking to this Court and 25% amount on submitting a Bank guarantee. The remaining 50% of the amount is lying in this Court.

2.

So, in view of the order passed by the Hon'ble Supreme Court, the applicants are entitled to withdraw an amount to the extent of 50% without any security and the remaining 50% of the amount is permitted to be withdrawn on furnishing security to the satisfaction of the Collector.

CA 1505.2016+2.odt 3.

Learned counsel appearing for the applicant submits that, the Bank guarantee furnished by the applicants may be discharged and for remaining 50% of the amount which is lying before this Court, the applicant would submit fresh security to the satisfaction of the Collector. 4.

In view of this, Civil Application is hereby partly allowed. Bank guarantee of the Nationalized bank furnished by the applicant while withdrawing 25% of the amount of enhanced compensation stands discharged. The applicant shall furnish security of the remaining 50% of the amount to the satisfaction of the Collector. Civil Application stands disposed of accordingly.

( V.K. JADHAV, J. ) ...

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