Mpt CAF No.1262/08 FARAD CONTINUATION IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE CIVIL APPLICATION NO.1262 of 2008 IN FIRST APPEAL NO.2966 of 2006 ------------------------------------------------------------------------------------------------------------------ Office Notes, Office Memoranda of Court's or Judge's Orders Coram, appearances, Court's Orders or directions and Registrar's Orders ------------------------------------------------------------------------------------------------------------------ Mr.Harshad Inamdar i/b M.S.Karnik for the applicants. Mr.C.M.Lokesh i/b G.S.Hegde for the respondent. CORAM : D.G. KARNIK, J DATE : 25th February 2011 P.C. : 1. This is an application made by the applicant for withdrawal of the amount of the award which has been deposited by the respondent (appellant in appeal) in the Tribunal. Counsel for the respondent says that Rs. 11,00,000/- has been deposited out of which sum of Rs.1,75,000/- has already been withdrawn by the present applicants. Considering the fact that more than three years have passed since the decision of the Tribunal, I consider it appropriate that applicants be permitted to withdraw in all sum of Rs.5,00,000/- inclusive of amount already withdrawn so far. Hence I pass the following order: 3. Applicants are permitted to withdraw in all sum of Rs.5,00,000/- inclusive of the amount already withdrawn subject to their filing personal bond for repayment in the event so ordered by the Court. The balance amount shall be invested if not already invested in a nationalised bank for periods between 13 to 37 months fetching good rate of interest and amount of interest be paid to the applicants for their maintenance. 4. Civil Application is allowed in part as mentioned above. (D.G. KARNIK, J.)