1 Amk IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 4100 OF 2009 IN FIRST APPEAL NO. 1455 OF 2009 Chatura Mohan Savanji & Ors. .. Applicants Vs. New India Assurance Co. Ltd. & Anr. .. Respondents Mr. U.B. Nighot i/b Mr. H.D. Mulla for the applicants. Mr. Indrajeet R. Kulkarni for the respondents. CORAM : J. H. BHATIA, J. DATE : 14th October, 2009. P.C. 1. Heard. 2. Applicants seek withdrawal of compensation amount awarded by the Motor Accident Claim Tribunal. The order reveals that, out of Rs.7,70,000/- amount of Rs.4,00,000/- is to be deposited in the name of four minor children. Out of balance amount, the amount of Rs.50,000/- is to be paid to the applicant No.6 mother of the deceased. Applicant No.7 is reported dead. Amount of Rs. 1,70,000/- with interest is to be paid to the applicant wife. 3. Learned Counsel for the Insurance Company contends that, it will be 2 difficult to recover the amount if it given without any security, in case the Insurance Company succeeds. The appeal is already admitted. Learned Counsel for the applicants contends that, it will difficult to furnish security. 4. In view of the facts, out of the decretal amount, which is already deposited, Rs.1,00,000/- each be kept in fixed deposit with some nationalized banks for applicant Nos.2 to 5 the minor children initially for the period of five years as directed by the trial Court. Amount of Rs.50,000/- be paid to applicant No.6 and amount of Rs.1,50,000/- be paid to applicant No.1 and balance amount be kept in fixed deposit in the name of applicant No.1 initially for the period of three years. The applicant No.1 shall be entitled to receive the interest on all the deposits from time to time. 5. The application stands disposed of accordingly. (J. H. BHATIA, J.)