mpt IN THE HIGH COURT OF JUDICATURE OF BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 4800 of 2008 IN FIRST APPEAL NO. 1823 of 2008 M/s.National Insurance Co.Ltd. .. Appellant versus Mr.Vasant Raoji Khatpe .. Respondent ... Mr.S.K.Shetty i/b Shetty & Associates for the appellant. Mr.R.G.Ketkar with R.S.Khandeparkar for the respondent. CORAM : D.G. KARNIK, J DATED : 15th October 2008 P.C.: 1. Heard. 2. This application is for stay of execution of decree. At the beginning of the year, when the insurance company was taken i.e. 9th December 2000, insurance policy has accepted the valuation of the vehicle to be Rs.3,36,000/-. That is the estimated value which is accepted by the Insurance Company. Insurance Company prima facie cannot contend that the valuation was not Rs.3,36,000/- on the date when the policy was issued. In the circumstances, there is no reason for the stay of execution of the decree. Accordingly, application for stay is rejected. (D.G. KARNIK, J)