:1: :1: :1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY O.O.C.J. O.O.C.J. O.O.C.J. GUARDIANSHIP PETITION NO. 19 OF 2005 Dipti Krisha Palekar ..... Petitioner Mr. S.S. Deshmukh with R.S. Jadhav for the petitioner. Petitioner and minors present. CORAM: S.U. KAMDAR, J. DATE : 24TH MARCH, 2005. P.C. : P.C. : P.C. : 1. The present petitioner is the sister of the two minor childrens. There is nobody else. Both the father and mother have expired. I make the present petition absolute in terms of prayer clause (a). The petitioner is also appointed as guardian of the properties of the minor children. The petitioner :2: :2: :2: is directed to dispose off the flat bearing No. I-001, Gita Palace Co-op Housing Society, Gita Nagar, Phase VI, Mira-Bhayender, Dist-Thane, 400 117 and deposit the sale proceeds thereof with the Accounts Officer, High Court, Bombay. The petitioner states that she will be able to dispose off the flat within a period of six months from today. The Life Insurance Corporation Limited is directed to deposit the amount lying in the credit of the Policy No. 914942970 and 907246111 for Rs.1,00,000/- each alongwith accrued interest thereon within a period of four weeks from today with the Accounts Officer, High Court, Bombay. 2. In so far as the pension amount is concerned the Bombay Port Trust is directed to release the pension amount to the petitioner herein which will help her in utilizing the same for the up-keep and maintenance of the children. The account Officer, High Court, Bombay is also directed to release an additional sum of Rs.1,000/- per month over and above the pension amount which will be directly released out of the interest which will be earned :3: :3: :3: on the deposit of the same. This amount will be released only on deposit of the sale proceeds of the flat deposited by the petitioner with the Accounts Officer, High Court, Bombay. 3. The principal amount as also the remaining interest to be invested in fixed deposit of nationalised bank initially for a period of three years and the same to be renewed from time to time. till further orders from this court. sd/- ********