1 CA 3408/10 abs FARAD CONTINUATION IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO. 3408 OF 2010 IN FIRST APPEAL NO. 1302 OF 2010 United India Insurance Co. Ltd. .. Applicant V/s Vijay Narayan Mhatre & Anr. .. Respondents ------------------------------------------------------------------------------------------------------------------ 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. CORAM : D.G. KARNIK, J. DATE : 10TH JANUARY 2011 P.C. : 1. Heard learned counsel for the applicant. 2. Execution of the decree is stayed subject to the applicant depositing in the trial Court (Tribunal) the entire amount of compensation together with interest and costs within 4 weeks from the date of this order if the amount has 2 CA 3408/10 not already been deposited. 3. On such deposit, the claimants in whose favour the award has been passed shall be entitled to withdraw 50% of the amount deposited by furnishing a personal bond. The balance of 50% of the amount deposited shall be invested in a nationalised bank for a period upto 36 months which would fetch the best rate of interest and the amount of interest accrued shall be paid half yearly to the claimants entitled to receive it. The fixed deposit shall be renewed from time to time for similar terms till the disposal of the appeal. 4. Since this order is passed without notice to the respondents, the respondents shall be at liberty to move the Court for modification of this order if any of them feels aggrieved. 5. Civil application is disposed of. (D.G. KARNIK, J.)