FARAD CONTINUATION SHEET NO. IN THE HIGH COURT OF JUDICATURE AT BOMBAY, APPELLATE SIDE, BENCH AT AURANGABAD. Civil Application No. 6742 of 2009 (In First Appeal No. 141 of 2009) (Bhanudas Mahadu Kaile Vs. Maharashtra Industrial Development Corporation & another ) Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's orders or directions and Registrar's orders .............................................................................. Mr. V.D. Gunale, Advocate, for the applicant Mr. S.S. Dande, Advocate, for non-applicant no.1. Mr. K.G. Patil, Assistant Government Pleader, for non-applicant no.2. .............................................................................. CORAM : B.R. GAVAI & N.D. DESHPANDE, JJ. DATE : 25TH SEPTEMBER 2009 1. This is an application for withdrawal of the amount. The entire amount under the award has been deposited by the appellant in this court. 2. Taking into consideration the orders passed in similar matters, we are inclined to allow the application partly. 3. Hence, the application is partly allowed. Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's orders or directions and Registrar's orders (i) The applicant is permitted to withdraw fifty percent of the amount deposited by the appellant, in the following manner. The applicant is permitted to withdraw 25 % amount without furnishing bank guarantee. However, the applicant is permitted to withdraw 25 % amount on furnishing bank guarantee of any nationalized bank or scheduled bank. (ii) Remaining fifty percent amount shall be invested by the Registrar [Judicial] in a fixed deposit receipt in the State Bank of Hyderabad, High Court Branch, initially for a period of three years and thereafter to be renewed year to year basis, till final disposal of the appeal. ( N.D. DESHPANDE ) ( B.R. GAVAI ) JUDGE JUDGE bgp/ca6742