Bajaj Allianz General Insurance Company Limited v. Shri. Kanta @ Bhanudas Anant Sarang And ORS.

7 caf 2117 of 2016 vks

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.2117 OF 2016 IN FIRST APPEAL (ST) NO.7022 OF 2016 Bajaj Allianz Gen. Insurance Co.Ltd ...

Applicant.

V/s.

Kanta @ Bhanudas Anant Sarang and ors ...

Respondents Ms. Aditi Athavale, i/by M. M. Sathaye & Yogita Deshmukh, for the applicant.

CORAM : DR.SHALINI PHANSALKAR-JOSHI, J.

DATE : 17th JANUARY, 2019.

P.C. :

1] Heard learned counsel for the Applicant-Insurance Company. 2] Learned counsel for the Applicant-Insurance Company submits that, the Applicant-Insurance Company would be depositing the entire decreetal amount in the Tribunal within a period of six weeks from today.

3] Hence, the stay is granted to the execution of the 'Decree', subject to deposit of the entire decreetal amount in the Tribunal within a period of six weeks from today, failing which the stay to stand automatically vacated without any further reference to the Court.

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7 caf 2117 of 2016 4] The amount of Rs.25,000/- which is deposited as a statutory deposit in this Court be transferred to the concerned Tribunal.

5] Civil Application is disposed off.

[DR.SHALINI PHANSALKAR-JOSHI, J.] 2/2