1 caf3465.sxw ssp IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELATE JURISDICTION CIVIL APPLICATION NO.3465 OF 2008 IN FIRST APPEAL ST.NO.14894 OF 2008 New India Assurance Co. Ltd. ...Applicant vs. Smt.Padmini Shivaji Potdar & Ors. ...Respondents Mr.Indrajeet Kulkarni for the applicant Mr.Amit Sale for respondent no.4 CORAM :A.S.OKA,J. DATE : SEPTEMBER 3, 2010 P.C. 1 Heard the learned counsel for the parties. The learned counsel for the applicant states that the entire compensation amount have been deposited with the tribunal. Considering the facts and circumstances of the case, the application is disposed of by passing the following order : i) Out of the compensation amount, the tribunal will permit the 1 st respondent (1 st claimant) to withdraw a sum of Rs.1,25,000/- without security. ii)The tribunal will permit the 6 th respondent (6 th claimant-mother of the deceased) to withdraw a sum of Rs.40,000/- without any security. iii)Rest of the amount shall be divided and invested in three separate fixed deposits in the names of the three minor children of the deceased. The 1 st respondent will be entitled to withdraw the interest accrued on the fixed deposits in the names of the minors till the minors attain majority. After the said claimants attain majority, it will be open for them to apply for modification of this order. JUDGE