2 ca2588.11 FARAD CONTINUATION SHEET No. IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE, BENCH AT AURANGABAD CIVIL APPLICATION NO. 2588 OF 2011 IN FIRST APPEAL NO. 1750 OF 2010 Office Notes,Office Memoranda of Coram,appearances, Court's orders or directions and Registrar's orders Court's or Judge's orders CORAM : R.M. BORDE, J. DATED : 22.07.2011 1. Heard respective Counsel appearing for the parties. 2. This is an application seeking withdrawal of the amount deposited by the insurance company in this Court. 3. Considering the contentions raised in the application, the application deserves to be allowed partly. 4. The applicants shall be permitted to withdraw amount of Rs. 50,000/- (Rupees Fifty Thousand Only) on furnishing an undertaking in this Court to the effect that in the event of success of the appeal the applicants/original 2 ca2588.11 claimants shall re-deposit the amount within a period of eight weeks from such decision. Further amount of Rs. 75,000/- (Rupees Seventy Five Thousand Only) shall be permitted to be withdrawn by the applicants on furnishing solvent security of like amount. The balance amount deposited by the insurance company shall be invested in the nationalized bank in fixed deposit initially for a period of three years and the fixed deposit receipt shall be renewed thereafter on completion of three years period for further period until disposal of the appeal. 5. The Civil Application stands disposed of. [R.M. BORDE, J.] snk/2011/JUL11/ca2588.11