Bombay High CourtIA/3437/2025disposed off

Recent Insurance Services Ltd. Uttar Pradesh v. Bajaj Allianz Life Insurance Co. Ltd. Pune

2025-03-07Hon'Ble The Chief Justice , Hon'Ble Smt. Justice Bharati Dangre1 pages

1/1 902 IA 3437-25.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION INTERIM APPLICATION NO. 3437 OF 2025 IN ARBITRATION APPEAL NO. 81 OF 2024 Recent Insurance Services ..

Applicant Bajaj Allianz Life Insurance Co.Ltd ..

Appellant

Versus

Recent Insurance Services ..

Respondent ...

Mr.Avinash Tripathi with Ameya Vaidya i/b Karthic Iyer for the applicant/original respondent.

Mr. Atharva Dandekar with Deepa Mani and Khyati Bora i/b D.M. Legal Ventures for respondent.

CORAM : ALOK ARADHE, CJ & BHARATI DANGRE, J DATED : 7th MARCH, 2025 P.C:- The respondent is permitted to withdraw the amount deposited by the appellant subject to furnishing the corporate guarantee as well as unconditional undertaking that in the event of success of the Appeal, the appellant shall restitute the amount. Accordingly, Interim Application is disposed of. (BHARATI DANGRE, J.) (CHIEF JUSTICE) Tilak