Renukabai Nanarao Kapate And ORS v. Kanchan Vijay Kanuje And ANR

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD 910 CIVIL APPLICATION NO.4161/2019 IN FAST/27894/2016 RENUKABAI NANARAO KAPATE AND ORS

VERSUS

KANCHAN VIJAY KANUJE AND ANR ...

Advocate for applicants : Mr.Nagarkar Kiran M. Advocate for Respondent Nos.1 to5 : Mr.S.S.Rathi ...

CORAM : SUNIL K.KOTWAL, J.

DATE : 22 nd MARCH, 2019 O R D E R :

This application is filed for withdrawal of compensation amount deposited in this Court.

2.

I have gone through the award passed by MACT, Nanded, after hearing learned counsel of both parties. After going through the award, it appears that, the quantum of compensation is somewhat exorbitant. 3.

Considering this aspect, permission is granted to the applicant to withdraw only 10,00,000/- compensation amount with proportionate accrued interest

ca4161.19 thereon on submitting written undertaking within the period of eight weeks to re-deposit the withdrawn amount as and when directed by this Court.

4.

Remaining compensation amount shall be invested in fixed deposit, in any Nationalized Bank till final hearing of the appeal.

5.

The compensation amount of Rs. 10,00,000/- with proportionate interest be remitted to the MACT, Nanded for disbursement of the compensation after filing written undertaking before the Tribunal. 6.

Civil Application is disposed of.

[SUNIL K.KOTWAL, J.] mahajansb/