1 caf-425.11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 475 OF 2011 IN FIRST APPEAL NO. 771 OF 2010 M/s.Eagle Flask Industries Ltd. ... Applicant. V/s. United India Insurance Company Ltd. ... Respondent. D.J.Bhanage for the applicant/ orig.respondent. S.S.Vidyarthi for the respondent/ orig.appelant. CORAM : V.C.DAGA AND R.G.KETKAR, JJ. DATED : 9th February 2011. P.C. : Having heard parties to the application and having examined the pleadings thereof, the civil application is made absolute in terms of prayer clause (b), subject to the applicant/original respondent furnishing bank guarantee of any nationalised bank valid for a period of 36 months with a specific clause that in the event of non-renewal of bank guarantee bank shall remit the proceeds of the bank guarantee to this Court without there being any demand. Bank guarantee be furnished within a period of 2 caf-425.11 four months. On the receipt of bank guarantee the registry shall make the payment by drawing payee’s account cheque in favour of the applicant/original respondent. The registry shall accept the bank guarantee with prior notice to the appellant- insurance company. 2. Civil application stands disposed of with no order as to costs. (R.G.KETKAR, J.) (V.C.DAGA, J.)