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Bombay High CourtMCA/608/2016disposed of

Mr. Dayanand L. Naik And ANR., v. Vasco Urban Co-Operative Credit Society Ltd., Thr. Its Administrator.

2016-07-29Hon'Ble Shri Justice C. V. Bhadang2 pages

IN THE HIGH COURT OF BOMBAY AT GOA

MISC.CIVIL APPLICATION NO. 608 OF 2016 IN WRIT PETITION NO. 505 OF 2016 MR. DAYANAND L. NAIK AND ANR., ... Applicants

Versus

VASCO URBAN CO-OPERATIVE CREDIT SOCIETY LTD., THR. ITS ADMINISTRATOR.

... Respondent Adv. Thalmann Pradeep Pereira for the Applicant. Adv. V. Mangeshkar for the Respondent.

Coram:- C. V. BHADANG, J.

Date:- 29th July, 2016 P.C.:

By this application, the applicant is seeking modification of clause (f) of the judgment and order dated 20/6/2016. It is contended that when the applicant went to deposit the amount of Rs.1,50,000/- before the Co operative Tribunal it was informed that the amount would be simply credited to the Government Treasury and will not fetch any interest. In such circumstances, by consent of the parties the clause (f) of the judgment and order dated 20/6/2016 is modified permitting the petitioner to deposit the amount of Rs.1,50,000- before this Court within a period of one week from today. On deposit of the amount,the office shall invest the same in any nationalized bank

MCA/608/2016 initially for a period of one year.

C. V. BHADANG, J.

ap/-