Union Of India M/S. Central Railway Through Dy. Chief Engineer (Construction) v. Sanjiv Pandurang Nijampurkar And ORS
2024:BHC-AS:34596 39-IA-10408-2024.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO.10408 OF 2024 IN FIRST APPEAL (ST) NO.15928 OF 2024 Union Of India, M/S. Central Railway Thr.Dy.Chief Engineer (Construction), Raigad ...Applicant
Versus
Sanjiv Pandurang Nijampurkar And Ors.
...Respondents
------ Adv. N. R. Prajapati for the Applicant.
Adv. Sachin Punde for the Respondents.
------ Coram : Sharmila U. Deshmukh, J.
Date : August 23, 2024.
P. C. :
1.
Interim Application has been preferred seeking stay of execution of judgment and award dated 24th May, 2022 passed by the Ld. Civil Judge, Senior Division, Raigad-Alibaug in Land Reference No. 741 of 2019.
2.
Learned counsel for the Applicant submits that the entire decretal amount along with accrued interest will be deposited in the Reference Court within a period of four weeks from today. 3.
As the decretal amount along with accrued interest is being deposited, there shall be stay to the execution of the judgment and award dated 24th May, 2022.
Harish 1 of
39-IA-10408-2024.doc 4.
Upon the amount deposited by the applicant, the original claimant will be entitled to withdraw the amount of compensation subject to furnishing of Solvent Surety / Bank Guarantee to the satisfaction of the Reference Court. The Reference Court shall grant opportunity of hearing to all the parties before accepting the Solvent Surety / Bank Guarantee.
5.
In event the application for withdrawal of compensation is not made by the claimant within a period of three months, then the amount deposited by the applicant shall be invested by the Reference Court in Fixed Deposit in any Nationalised Bank initially for a period of one year and thereafter renew the same subject to the orders of this Court.
6.
The Application is allowed in the above terms. [Sharmila U. Deshmukh, J.] Harish 2 of Signed by: Harish V. Chaudhari Designation: PA To Honourable Judge Date: 29/08/2024 11:17:25