1 FARAD CONTINUATION SHEET IN THE HIGH COURT OF JUDICATURE OF BOMBAY BENCH AT NAGPUR Civil Application (CAF) No. 981 of 2010 in First Appeal No. 729 of 2009 The New India Assurance Co. Ltd. ...VERSUS.. Pandurang Anandrao Khandwe and others =-=-=---=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= Office Notes, Office Memorandum of Coram appearances, Court's orders of directions & Registrar's orders. Court's or Judges Order =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-==- Mr. A.I.Shaikh, Advocate H/f Mr. F.T.Mirza, Advocate for applicant/R-1 Mr. S.D.Dharaskar, Advocate H/f Mr. D.S.Dharaskar, Advocate for appellant/non-applicant. C ORAM : D.B.BHOSALE ; and PRASANNA B. VARALE, JJ. DATED : 16th July, 2010. Heard learned counsel for the parties. By this civil application, the applicant/ respondent no.1/claimant has prayed for withdrawal of the amount deposited by the appellant – Insurance Company in pursuance of the order passed by this Court, dated 30/6/2009. The appellant - Insurance Company has challenged the impugned award solely on the ground that the quantum of compensation awarded by the Tribunal is exorbitant. Keeping that in view and considering the overall facts and circumstances of the case, we are inclined to allow the applicant/respondent no.1 to withdraw Rs.1,50,000/- (Rupees One lakh Fifty thousand) only, 2 unconditionally. It is made clear that the applicant/respondent no.1 will not be allowed to withdraw any further amount till disposal of the appeal. Insofar as the remaining amount deposited by the appellant – Insurance Company is concerned, Registrar (Judicial) is directed to invest the said amount in a nationalized bank initially for a period of two years and renew the same from time to time till final disposal of the appeal. Civil Application is disposed of. JUDGE JUDGE Diwale