General Manager, Icici Lombard General Insurance Co Ltd v. Kajal Rahul Rahne And Others

2026:BHC-AUG:18135 950.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY,

BENCH AT AURANGABAD.

950 CIVIL APPLICATION NO. 4188 OF 2026 IN FA/1339/2024 KAJAL RAHUL RAHANE AND OTHERS

VERSUS

THE MANAGER, I.C.I.C.I LOMBARD GENERAL INSURANCE CO. LTD. AND ORS.

...

Advocate for Applicant : Mr. K. N. Shermale.

Advocate for Respondent No.1 : Mr. M. R. Deshmukh. ...

WITH CIVIL APPLICATION NO. 5948 OF 2024 IN FA/1339/2024 ...

CORAM :

SANJAY A. DESHMUKH, J.

DATE :

23rd April, 2026.

P.C.:

Heard the learned counsel for the parties. Perused the applications.

Application for stay:

This is an application seeking stay to the execution of the impugned judgment and award.

The learned counsel for the applicant / appellant submits that the entire amount as per the impugned judgment and award is deposited in this Court.

In view of the above, there shall be stay to the impugned judgment and award till the pendency of the appeal. The application stands disposed of.

950.odt Application for withdrawal of amount:

This application is for withdrawal of the amount deposited by the appellant in this Court as per the impugned judgment and award. The learned counsel for the appellant strongly opposes the application.

For the reasons stated in the application and considering the arguments of both the sides, the following order is passed :-

O R D E R

I.

The applicants are permitted to withdraw 75% of the amount out of the amount deposited by the appellant in this Court, with accrued interest thereon, on furnishing usual undertaking to the satisfaction of the learned Registrar (Judicial) of this Court. The remaining amount be kept in fixed deposit in any nationalized bank till disposal of the appeal.

II.

With this, the civil application for withdrawal of amount stands disposed of.

[ SANJAY A. DESHMUKH, J. ] nga