1 CA 284/2011 abs FARAD CONTINUATION IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 284 OF 2011 IN FIRST APPEAL NO. 164 OF 2011 ------------------------------------------------------------------------------------------------------------------ Office Notes, Office Memoranda of Court's or Judge's Orders Coram, appearances, Court's Orders or directions and Registrar's Orders Mr. Rahul Mehta i/b KMC Legal Venture for the applicant. Mr. S.R. Chavanke for respondent nos.1 and 2. CORAM : D.G. KARNIK, J. DATE : 28TH FEBRUARY 2011 P.C. : 1. Heard learned counsel for the parties. 2. This is an application for stay of execution of the award. The impugned order being a money order, only a conditional stay can be granted. Hence, I pass the following order: (i) The execution of the award is stayed 2 CA 284/2011 subject to the applicant depositing the entire amount of the award together with interest and costs in the Tribunal within 3 weeks. (ii) On such deposit, the respondent nos.1 and 2 are permitted to withdraw 50% of the amount by furnishing their personal bond for repayment in the event so ordered by the Court. (iii) The balance amount shall be invested by the Tribunal in any nationalised bank offering good rate of interest initially for a period of 6 months and shall be renewed for such periods as are appropriate ad not exceeding 13 months till the disposal of the appeal. (iv) The civil application is disposed of. (D.G. KARNIK, J.)