1 IN THE COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 748 OF 2008 IN SECOND APPEAL NO.288 OF 2008 Kumbhavli Kawade Eklase Group Panchayat .. Appellant V/s. Kadiram Gajanan Sankhe .. Respondent Mr.Sagar Kasar for the Appellant/Applicant. Mr.A.J.Joshi for the Respondent. CORAM : R.M.SAVANT, J. DATED : AUGUST 13TH, 2008. P.C. By the above Civil Application, the Applicant/Appellant prays for stay of the Judgment and decree dated 2nd January, 2008 passed by the Lower Appellate Court. This Court by order dated 17th June, 2008 had granted stay on the condition 2 that the Appellants, to deposit the decretal amount within a period of eight weeks from 17th June, 2008. The time to deposit the said amount is expiring on 17th August, 2008. 2. The learned counsel for the Appellant/Applicant Mr.Sagar Kasar States that on account of financial stringency, the said amount could not be deposited within the time stipulated by this Court and therefore prays for further time to deposit the said amount 3. Considering the fact that the Applicant is a Gram Panchayat, in my view, interest of justice would be served if a further period of four weeks is granted to make the deposit, as a last chance. 4. In the event, the said amount is deposited, the learned Registrar (Judicial) of this 3 Court is directed to invest the said amount in a Nationalized Bank initially for a period of three years and thereafter renew it for such further periods as the learned Registrar (Judicial) thinks it appropriate. 5. With the aforesaid observations, the Civil Application is disposed of. [R.M.SAVANT, J.]