1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPELLATE JURISDICTION CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.6029 OF 2008 CIVIL APPLICATION NO.6029 OF 2008 CIVIL APPLICATION NO.6029 OF 2008 IN IN IN FIRST APPEAL NO.2309 OF 2008 FIRST APPEAL NO.2309 OF 2008 FIRST APPEAL NO.2309 OF 2008 Kirloskar Pneumatic Co.Ltd. .. Applicant vs. Modipon Fibres Co. .. Respondent Mr.Birendra Saraf and Ms.Sheetal D. Sabnis i/b M/s.Gagrats for the applicant Mr.Rohit Shetty for the respondent CORAM: J.N. PATEL, & CORAM: J.N. PATEL, & CORAM: J.N. PATEL, & Smt.V.K.TAHILRAMANI, JJ. Smt.V.K.TAHILRAMANI, JJ. Smt.V.K.TAHILRAMANI, JJ. DATE: 12TH FEBRUARY, 2009 DATE: 12TH FEBRUARY, 2009 DATE: 12TH FEBRUARY, 2009 P.C. 1. There will be stay to the execution of the decree on the judgment debtor depositing the amount as specified in clause 3(a) of the operative part of the order. In so far as clause 3(b) is concerned, the appellant judgment debtor will furnish bank guarantee to the satisfaction of the Registrar (Judicial) covering the sum granted by way of liquidated damages 2 with interest of a nationalised bank to be kept alive till the decision of the appeal or until further orders. 2. The learned counsel for respondent decree holder is at liberty to withdraw the amount of decree specified in clause 3(a) of the order on furnishing bank guarantee on the condition that incase the judgment and decree is set aside, he will repay the decreetal amount so withdrawn with interest which may be decided at the time of final disposal of the appeal. 3. Civil Application stands disposed of accordingly. (J.N. Patel, J.) (J.N. Patel, J.) (J.N. Patel, J.) (Smt.V.K.Tahilramani, J.) (Smt.V.K.Tahilramani, J.) (Smt.V.K.Tahilramani, J.)