IN THE HIGH COURT OF BOMBAY AT GOA CIVIL APPLICATION NO. 133 OF 2010 IN FIRST APPEAL NO. 116 OF 2010 MR. ERIC SEQUEIRA ... Applicant Versus MR. LEONARD FERNANDES ... Respondent Mr. A. R. Kantak, Advocate for the petitioner. Mr. V. Lawande, Advocate for the respondent. Coram:- D. G. KARNIK & F. M. REIS, JJ. Date:- 20th September, 2010 P.C. The First Appeal has been admitted. This application is made for stay of execution of decree which is money decree for payment of Rs.28,83,928/-( Rupees twenty eight lakhs eighty three thousand nine hundred twenty eight only). According to the applicant, out of decreetal amount, a sum of Rs.24,44,862/- (Rupees twenty four lakhs forty four thousand eight hundred sixty two only) has already been paid by the applicant(appellant) to the respondent. Principal sum of Rs.4,39,066/- ( Rupees four lakhs thirty nine thousand sixty six only) only is due. Since this a money decree we direct stay of the execution proceedings subject to condition that the applicant shall deposit in the Court a sum of Rs.4,00,000/- (Rupees four lakhs only) within 6 weeks. 2. On such deposit the amount shall be invested in a nationalised Bank of the choice of the respondent, if such choice is made by the respondent at the time of depositing the same, or in the State Bank of India initially for a period of 13 months to be renewed from time to time until the disposal of the appeal. On such deposit there shall be stay of the execution of the decree. D. G. KARNIK, J. F. M. REIS, J. vn