1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD CIVIL APPLICATION NO.2091 OF 2010 IN FIRST APPEAL NO.1984 OF 2009 M/s. Kisan Cement Pipes & Allied Industries, Prop. Sau. Mangala Subhash Deore, R/o- Deobhankar Building, Parola Road, Dhule, District-Dhule. ...APPLICANT. VERSUS Punj Lloyd Ltd. 17-18, Nehru Place, New Delhi-110 019, Through General Power of Attorney Holder Shri. Manojkumar Jain. ...RESPONDENT. ... Shri.Mukul Kulkarni Advocate for Applicant. Shri.Sandeep S. Deshmukh Advocate for Respondent. ... CORAM: NARESH H. PATIL AND K.K. TATED, JJ. DATE : 3RD SEPTEMBER, 2010. 2 PER COURT : 1. Heard learned counsel for the parties. 2. We have perused the record and the Judgment and order passed by the trial Court. Considering the facts of the case, the reasoning adopted by the trial Court and the prayers made by the Applicant, we pass following Order: O R D E R A) The Applicant is entitled to withdraw 50% amount out of Rs. 18,35,151/- (Rupees Eighteen Lakh Thirty Five Thousand, One Hundred Fifty One only), deposited in this Court, without furnishing any security. B) The Registry of this Court is directed to invest the remaining 3 amount in any Nationalized Bank in Fixed Deposit Scheme, initially for a period of three years, with renewal clause. 3. Civil Application is allowed to the above extent. [K.K. TATED, J.] [NARESH H. PATIL, J.] asb/SEPT10/ca2091.10