Mpt CAF No.820/10 FARAD CONTINUATION IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE CIVIL APPLICATION NO.820 of 2010 IN FIRST APPEAL NO.1903 of 2010 ------------------------------------------------------------------------------------------------------------------ Office Notes, Office Memoranda of Court's or Judge's Orders Coram, appearances, Court's Orders or directions and Registrar's Orders ------------------------------------------------------------------------------------------------------------------ Mr.Rakesh S. Singh for the applicant. Mr.Abhijeet N. Gosavi for respondent no.1. Mr.Dilip Bodake for respondent nos.2 and 3. CORAM : D.G. KARNIK, J DATE : 7th January 2011 P.C. : 1. Heard learned counsel for the parties. 2. The applicant has prayed for withdrawal of the amount of compensation which has been deposited by respondent no.1 – Insurance Company in the Tribunal. Considering the fact that the right leg of the applicant was amputed above the knee level due to the accident and applicant has become totally unemployed, it would be appropriate to permit the applicant to withdraw substantial part of the amount deposited in the Tribunal. Accordingly, applicant is permitted to withdraw 50% of the total amount deposited by furnishing a personal bond. The balance 50% amount be invested in a nationalised bank for any period between 13 months to 37 months which fetches best rate of interest. Investment shall be renewed from time to time for like period till the disposal of the present appeal. Interest that may be received on the amount deposited be paid to the applicant every quarter. 3. Civil Application disposed of. (D.G. KARNIK,J.)