Tata Aig General Insurance Company Limited v. Smt. Bhagyashree Dhananjay Babardesai And ORS.

Dixit

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.558 OF 2019 IN FIRST APPEAL (STAMP) NO.26307 OF 2018 TATA AIG General Insurance Co. Ltd., Mumbai .... Applicant V/s.

Bhagyashree Dhananjay Babardesai and Ors.

.... Respondents Mr. Nikhil Mehta, I/by M/s. KMC Legal Venture, for the ApplicantInsurance Company. Mr. Hemant Ghadigaonkar for Respondent Nos.1, 3 and 4.

CORAM

: DR. SHALINI PHANSALKAR-JOSHI, J.

DATE : 4 TH FEBRUARY, 2019.

P.C. :

1.

Heard learned counsel for the Applicant-Insurance Company and for Respondent Nos.1, 3 and 4.

2.

Learned counsel for the Applicant-Insurance Company submits that, the Applicant-Insurance Company would be depositing the entire decreetal amount in the concerned Tribunal within a period of eight weeks from today.

3.

Hence, the stay is granted to the execution of the 'Decree', subject 1/2 CAF-558-19==.doc

to deposit of the entire decreetal amount in the concerned Tribunal within a period of eight weeks from today, failing which the stay to stand automatically vacated without any further reference to the Court. 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 CAF-558-19==.doc