1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY, AURANGABAD BENCH, AURANGABAD CIVIL APPLICATION NO. 1388 OF 2011 IN FIRST APPEAL NO. 2029 of 2010 Bismilla w/o Maheboob Sheikh and ors. ...Applicants VERSUS The United India Insurance Company Ltd. Through Divisional Manager, Aurangabad and ors. ...Respondents ..... Shri P.G.Mahalankar, advocate for the applicants Shri S.V.Kulkarni, advocate for respondent no.1 Shri S.V.Gundre, advocate h/f Shri V.D.Gunale, advocate for respondent nos. 2 and 3 ..... CORAM : SHRIHARI P. DAVARE, J. DATED : 10 th February, 2011 PER COURT : 1 Perused the contents of the application and heard learned counsel for the parties. 2 This is an application preferred by the applicants for 2 withdrawal of the amount of compensation deposited by respondent no.1 in this court. 3 Issue notices to the respondents. Shri S.V.Kulkarni, advocate waives service of notice for respondent no.1 and Shri S.V.Gundre, advocate h/f Shri V.D.Gunale, advocate waives service of notice for respondent nos. 2 and 3. 4 After hearing the learned counsel for the respective parties, the applicants are permitted to withdraw 50% of the amount deposited by respondent no.1 under the award in this court, upon furnishing solvent security to the satisfaction of the Registrar of this Court and balance 50% of the amount be invested in the Nationalized Bank for the period of one year and thereafter the principal amount and interest thereon i.e. proceeds be reinvested for further period of one year consecutively, until further orders. 5 The present Civil Application stands disposed of accordingly. (SHRIHARI P. DAVARE, J.) dbm/ca1388.11