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Bombay High CourtMCA/166/2026allowed

The Managing Director, Goa Industrial Development Corporation v. Communidade Of Nagoa Through Its Attorney And ANR.,

2026-04-22Hon'Ble Shri Justice Valmiki Menezes , Hon'Ble Shri Justice Amit S. Jamsandekar2 pages

2026:BHC-GOA:875-DB 916 MCA 166 2026 Esha

IN THE HIGH COURT OF BOMBAY AT GOA

MISC.CIVIL APPLICATION NO.166 OF 2026 IN CIVIL APPLICATION NO.2540 OF 2025 (F) THE MANAGING DIRECTOR, GOA INDUSTRIAL DEVELOPMENT CORPORATION ... APPLICANT

Versus

COMMUNIDADE OF NAGOA THROUGH ITS ATTORNEY AND ANR., ... RESPONDENTS Mr. Hanumant D. Naik, Advocate for the Applicant. CORAM:- VALMIKI MENEZES & AMIT S. JAMSANDEKAR, JJ.

DATED :- 22nd April, 2026 P.C:

Under order dated 11.11.2025, the operation of the Award dated 27.09.2012 passed by the Adhoc District Judge-II, South Goa, Margao in LAC No. 52/2002, was stayed on the condition that the Appellant shall deposit the entire decreetal amount. The amount was to be deposited within a period of twelve weeks from the date of the order. The Applicant now seeks an extension of that period by three weeks.

2. For the reasons mentioned in the Application, the Application stands granted. The awarded amount in its entirety be deposited before the Reference Court by 22.05.2026. It is made clear that the operation of the Award shall not be stayed until the deposit is made. 22nd April, 2026

916 MCA 166 2026

3. The Application stands allowed in the above terms. AMIT S. JAMSANDEKAR, J.

VALMIKI MENEZES, J.

Signed by: ESHA SAINATH VAIGANKAR Designation: Personal Assistant Date: 23/04/2026 16:39:55 22nd April, 2026