IN THE HIGH COURT OF BOMBAY AT GOA CIVIL APPLICATION NO. 84 OF 2006 IN APPEAL UNDER ARBITRATION ACT NO. 4 OF 2005 STATE OF GOA (REP. BY EXECUTIVE ....Applicant ENGINEER),SANGUEM GOA. Versus M/S PARVEEN ENTERPRISES,MARGAO GOA ....Respondent Mr. Guru Shirodkar, Aga,for the Applicant. Shri Sudesh Usgaonkar, Advocate for the Respondent. Coram:- A. P. LAVANDE, J. Date:- 4th May, 2006 P.C.: Heard Mr. Shirodkar for the Applicant and Mr. Usgaonkar for the Respondent. Pending the hearing and final disposal of the Appeal Under Arbitration Act No.4/05, the execution of the impugned judgment and decree as well as the award passed by the Arbitrator are stayed upon the applicant depositing in this Court the amount of Rs.48,520/- within a period of six weeks. Upon the deposit being made, the Registry to invest the amount in any nationalised Bank initially for a period of three years to be renewed from time to time till disposal of the appeal. Application stands disposed of. A. P. LAVANDE, J. sl.