Maharashtra Industrial Development Corporation Through Its Chief Executive Officer, Amravati v. Banwarilal Girdharilal Khatri And Another

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

NAGPUR BENCH, NAGPUR Civil Application (F) No. 64 of 2014 in Land Acquisition first Appeal Stamp No. 18630 of 2013 in LAC No. 390 of 1997 Maharashtra Industrial Development Corporation vs. Banwarilal Girdharilal Khatri and another.

Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's or directions and Registrar's orders.

Orders.

Mr. M.M.Agnihotri, Adv. for the appellant.

Mr. M.K.Pathan, AGP for R-2.

CORAM: B.R.GAVAI & MRS. MRIDULA R. BHATKAR,JJ DATE : 5.1.2015 Though duly served, none appears for the respondent no.1. The respondent no.1 is the original claimant. Mr. M.K.Pathan, learned AGP appears for respondent no.2. Taking into consideration the fact that the learned Reference court has increased the quantum of compensation almost five fold than the one awarded by the Collector, we are inclined to grant stay to the execution of the award passed by the learned Reference Court. However, same shall be subject to deposit of 50% of the amount as awarded by the learned

05012015cafno.64.2014 2 Reference Court.

Hence, the application is allowed. The execution of the impugned award is stayed subject to deposit of 50% of the amount as awarded by the learned Reference Court in this Court within a period of eight weeks from today. On depositing the said amount in this Court, the Registrar (J) is directed to invest the same in the Fixed Deposit in any Nationalized Bank, initially for the period of five years and subsequently to renew the same on year to year basis. JUDGE JUDGE patle

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