1 Bsb IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 1580 OF 2010 IN FIRST APPEAL NO. 211 OF 2010 The National Insurance Co. Ltd. ... Applicant v/s Aarti Ganesh Gaikar & ors. ... Respondents Mr.S.K.Chari i/by M/s.M.V.Kini & Co. for the applicant. Mr.Ajay S. Patil for the respondents. CORAM: SMT.NISHITA MHATRE, J. DATED: 6TH MAY, 2010 P.C.: 1. The civil application has been filed for withdrawal of the amount deposited by the Insurance Company pursuant to the award passed by the Motor Accident Claims Tribunal, Thane. 2. Heard the learned advocates for the parties. 3. In my opinion, the appellant has made out a case for 2 withdrawal of part of the amount. 4. Accordingly, the Tribunal shall disburse Rs.2,50,000/- to the applicants immediately without security. Of the remaining amount, the Tribunal shall invest the amounts mentioned in the operative part of the impugned award in the names of claimant Nos.2 and 3 in a fixed deposit with a nationalized bank till they attain the age of majority. The balance shall be invested in a nationalized bank for a period of three years initially, to be renewed regularly thereafter during the pendency of the appeal. 4. The civil application stands disposed of. ..... 3