1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD Civil Application No.13449 Of 2009 In First Appeal No.585 OF 2009 Sufiyabi w/o Khadir Pathan And Others. ... Applicants. Versus New India Assurance Co.Ltd. ... Respondent. -------- Shri. A.B. Tidke, holding for Shri. S.S. Thombre, Advocate for the applicants. Shri. P.C. Mayure, holding for Shri. S.G. Chapalgaonkar, Advocate for respondent. -------- CORAM: R.M. BORDE, J. DATE: 22nd JANUARY 2010 PER COURT : 1) Heard respective counsel appearing for the parties. 2) This is an application by the claimants seeking withdrawal of the amount 2 deposited by the respondent - Insurance Company, appellant in the appeal in this Court. 3) The Motor Accident Claims Tribunal while allowing the claim petition has held the claimants entitled to receive compensation of Rs.4,15,000/- along with interest @ 7.5% from the date of presentation of the application till realization the amount. 4) While admitting appeal this Court had directed the appellant, respondent herein, to deposit the amount. And according an amount of Rs.4,02,740/- is stated to have been deposited. 5) Considering the facts and circumstances of this case and considering the fact that there are three minor claimants claiming recovery of amount I deem it 3 appropriate to permit the applicants / claimants to withdraw Rs.2,00,000/- (rupees two lakhs only) on furnishing solvent security for the like amount. The rest of the amount shall be deposited in the fixed deposit initially for a period of three years and the Fixed Deposit Receipt shall be renewed thereafter every year until disposal of the appeal. 6) The civil application stands disposed of. (R.M. BORDE, J.) rsl/ ca.13449.09