Bombay High CourtMCA/359/2015disposed of

Smt. Rajashree Gaonkar And 2 ORS., v. United India Insurance Company Ltd.Rep. By Manger/Officer, P/Rep.Thr Sr.Divisional Manger And 2 ORS

2015-06-19Hon'Ble Shri Justice K. L. Wadane2 pages

IN THE HIGH COURT OF BOMBAY AT GOA

MISC.CIVIL APPLICATION NO. 359 OF 2015 IN FIRST APPEAL NO. 14 OF 2014 SMT. RAJASHREE GAONKAR AND 2 ORS., ... Applicants

Versus

UNITED INDIA INSURANCE COMPANY LTD.REP. BY MANGER/OFFICER, P/REP.THR SR.DIVISIONAL MANGER AND 2 ORS.

... Respondent Mr.Sanman Rajanikant Keny, Advocate for the applicants. Coram:- K. L. WADANE, J.

Date:- 19th June, 2015 P.C.

Heard Mr. S. Keny, learned Advocate appearing for the applicants.

2. Perused the application and records of First Appeal no. 14 of 2014, from where it is seen that the above appeal was amicably settled in Mega Lok Adalat for compensation of an amount of Rs.9,00,000/-(Rupees nine lakhs only) with 9% interest per annum from the date of filing of the petition. The respondent no.1 has deposited an amount of Rs. 9,13,000/- (Rupees nine lakhs thirteen thousand only) before this Court.

3. The application is allowed. Registry to pay 50% of the amount of the compensation to the applicant no.1 deposited by the respondent no.1 and remaining 50% of the amount of compensation be invested in Fixed Deposit in any Nationalised Bank in the name

MCA/359/2015 of applicant nos. 2 and 3 separately and permit them to withdraw the said amount on their attaining the age of majority. After investing the 50% of the amount of compensation in the Fixed Deposit, the said Fixed Deposit Receipts shall be handed over to the applicant no.1.

4. Application stands disposed of.

K. L. WADANE, J.