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Bombay High CourtCAF/4747/2017admittedallwdgrantedrule absolute

Maharashtra Industrial Development Corporation Through Its Chief Executive Officer v. Dattatraya Gajanan Jaware And Others

2018-01-19Hon'Ble Smt. Justice V.A. Naik,Hon'Ble Shri Justice Arun Digambarrao Upadhye1 pages

fa.961.14

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

NAGPUR BENCH, NAGPUR CIVIL APPLICATION [CAF] NO.4747 OF 2017 IN FIRST APPEAL NO.961 OF 2014 M.I.D.C., THROUGH ITS CHIEF EXECUTIVE OFFICER, AMRAVATI

VERSUS

DATTATRAY G. JAWARE AND OTHERS -------------------------------------------------------------------------------------------------------- Office Notes, Office Memoranda of Court's or Judge's Order Coram, appearances, Court's Orders or directions and Registrar's order --------------------------------------------------------------------------------------------------------- Shri K.P. Mahalle, Counsel for the applicants/respondent nos.1 & 2. Shri S.M. Thakare h/f Shri M.M. Agnihotri, Counsel for the petitioner. Ms. Samshi Haider, A.G.P. for the respondent nos.3 & 4. CORAM :

SMT. VASANTI A NAIK & ARUN D. UPADHYE, JJ.

DATE :

th JANUARY, 2018.

On hearing the learned Counsel for the parties and on a perusal of the award passed by the reference court, we permit the applicants to withdraw a sum of Rs.23,00,000/- from the amount deposited by the appellant towards compensation on furnishing surety/security to the satisfaction of the Registrar (Judicial). The balance amount may be placed in fixed deposit with a nationalized bank initially for one year and the same should be renewed from time to time during pendency of this appeal.

The civil application is allowed in the aforesaid terms and disposed of.

JUDGE JUDGE *sdw