[1] IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION NOTICE OF MOTION NO.1400 OF 2008 IN APPEAL NO.180 OF 2007 IN ARBITRATION PETITION NO.405 OF 2006 United India Insurance Company Limited .... Appellants Vs. M/s. Prabhavati Polymers Pvt. Ltd. .... Respondents Sri Rahul Mehta i/b M/s. KMC Legal Venture for the Appellants. Sri Rajiv Narula i/b M/s. Jhangiani, Narula & Associates for the Respondents/Applicants in support of the N/M. CORAM: CORAM: CORAM: SRI R.M.S. KHANDEPARKAR & SRI P.B. MAJMUDAR, JJ. DATED: DATED: DATED: JULY 04, 2008 P.C: P.C: P.C: Heard. The applicants in the notice of motion who are the original respondents in the Appeal No.180 of 2007 are allowed to withdraw the amount deposited by the appellants in Execution Application No.343 of 2007 pursuant to the orders dated 11-2-2008 and 29-2-2008 passed in Chamber Summons No.206 of 2008, subject to furnishing bank guarantee of any nationalised Bank and keeping it alive and enforceable till the expiry of the period of three months after the disposal of the Appeal No.180 of 2007 or subject to final order that may be passed in the said appeal in this regard, and also [2] subject to further bank guarantee for additional amount to the extent of ten percent of the amount to be withdrawn in terms of this order shall be furnished before the expiry of every calendar year till the disposal of the appeal and all these bank guarantees shall be kept alive and enforceable as stated above. The notice of motion is accordingly disposed of in the above terms. (P.B.Majmudar, J.) (R.M.S.Khandeparkar, J.) sjs/J8nm1400.8 sjs/J8nm1400.8 sjs/J8nm1400.8