1 IN THE HIGH COURT OF JUDICATURE OF BOMBAY : AURANGABAD BENCH CIVIL APPLICATION NO. 8788 OF 2009 IN First Appeal No. 1340 OF 2003 with Civil Application No. 11113 of 2003 in First Appeal No. 1340 of 2003 Anand s/o. Prakash Ambekar, age 27 years, occ. student, R/o. Jawahar Colony, Aurangabad. - - - - Applicant. versus 1. Bhaskarrao Siddhiraj Deshpande and others. - - - - Respondents Shri A. P. Bhandari, Advocate holding for Shri S. V. Gangapurwala, Advocate for applicant. Shri R. N. Bharaswadkar, Advocate holding for Shri Milind Patil Beed, Advocate for respondents Nos.1 and 2. CORAM : B. R. GAVAI & N. D. DESHPANDE, JJ. Dated : 14th September 2009 PER COURT: 1. This is application for stay to the judgment and award passed 2 by Motor Accident Claims Tribunal, Aurangabad. 2. The application is vehemently opposed on behalf of respondents Nos.1 and 2 on the ground that earlier application which was allowed by a conditional order stands rejected in view of the condition being not complied with. 3. It is submitted that the present applicant at the time of accident was a student and on account of financial conditions, could not deposit the amount. It is submitted that now the applicant is willing to deposit amount of Rs.1,40,000/- as was directed by this Court earlier. 4. In that view of the matter, application for stay is allowed. The judgment and award passed by learned Tribunal shall stand stayed on the condition that the applicant deposits amount of Rs.1,40,000/- in this Court within a period of two weeks from today. 5. On the said amount being deposited, the said amount shall be invested in Fixed Deposit Receipt with State Bank of Hyderabad initially for a period of three years and thereafter to be renewed annually. 3 6. In view of the orders passed in Civil Application No. 8788 of 2009, nothing survives in this application and the same is disposed of. ( N.D.DESHPANDE, J. ) ( B. R. GAVAI, J. ) pnk/ca878809