1 IN IN IN THE THE THE HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY CIVIL CIVIL CIVIL APPELLATE APPELLATE APPELLATE SIDE SIDE SIDE CIVIL APPLICATION NO. 4741 OF 2003 AND CIVIL APPLICATION NO. 4742 OF 2003 AND CIVIL APPLICATION NO. 1257 OF 2004 IN FIRST APPEAL ST NO. 15417 of 2001 The State of Maharasthra ... Applicant Vs. Tukaram Mundakar ... Respondents Mr. K.K. Tated, A.G.P. for State. Mr. Rahul Thakur for Respondents. CORAM : F.I. REBELLO & ANOOP V. MOHTA,JJ. DATED : AUGUST 30, 2004 P.C. : 1. These applications by the State as also by Respondents are being disposed of by this common Order. 2. Heard parties. 3. The State Government to deposit 50% of the compensation awarded along with interest. The claimants would be entitled for the said compensation deposited, as the lands are situated at Belapupr and considering that in Panvel, this 2 court has fixed the market value at Rs.25/- to withdraw compensation @Rs.25/- per sq. mtrs market value with consequential benefits including interest. Compensation under Section 23(1)(A) can be worked out only in the event the award was made after 20th April, 1982. The balance amount would be invested in a nationalised bank initially for a period of two years and thereafter for successive periods, pending the hearing and final disposal of the appeal. 4. Applications stand disposed of accordingly. C.C. expedited. 5. The amount to be deposited before the trial court within 16 weeks from today. (F.I. REBELLO,J.) (ANOOP V. MOHTA,J.)