1 srk HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 1658 OF 2009 IN FIRST APPEAL NO. 1386 OF 2008 Smt. Sarita D. Chavan & Ors. ... Applicants. Vs. United India Insurance Co.Ltd. & Ors. ... Respondents. Ms. S.S. Bhole for Applicants. Mr.N.G. Ghotekar for Respondents Nos. 1 to 4. CORAM: SMT. R.P. SONDURBALDOTA, J. DATE: 17TH APRIL, 2009. P.C. This Civil Application is filed by the applicants to withdraw the decreetal amount of Rs. 5,87,021/- deposited by the United Insurance Company in the court. The distribution of the amount of compensation as per the order of the trial court is as follows: 1 Rs.50,000/- be paid to the applicant No.1, the widow, Rs. 1,50,000/- to be invested in the name of applicant No.2 in the nationalized bank of her choice for a period of 15 months and Rs. 1,50,000/- to be invested in the name of applicant No.3 for initial period of 48 months which is to be extended from time to time untill she attains majority. The 2 balance amount be invested in the name of applicant No.1 for a period of 48 months with a liberty to withdraw periodical interest accrued on the amount. Applicant No. 1 is also permitted to withdraw interest from amount invested in the fixed deposit in the names of applicant No. 2 and 3. 2 The amount be distributed as per the impugned order. 3 The applicant is granted liberty to withdraw the amount of Rs. 50,000/- without security. 4 Since, the balance amount is going to be invested in a nationalized bank and no directions as regards security need be given. This aspect will be considered as an when application is filed for withdrawal of the amount on maturity of the fixed deposits. 5 Parties to obtain authenticated copy of the order. JUDGE,