FARAD CONTINUATION SHEET NO. IN THE HIGH COURT OF JUDICATURE AT BOMBAY, APPELLATE SIDE, BENCH AT AURANGABAD. Civil Application No. 7945 of 2009 (In First Appeal No. 136 of 2009) (Babu Santosh Walse, Died through L.Rs., Gunda Babu Walse & others Vs. Maharashtra Industrial Development Corporation and 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 applicants. 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 applicants are permitted to withdraw fifty percent of the amount deposited by the appellant, in the following manner. The applicants are permitted to withdraw 25 % amount without furnishing bank guarantee. However, the applicants are 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/ca7945