1 HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION. CIVIL APPLICATION NO.1594/2007 IN FIRST APPEAL NO.906/2007 The New India Assurance Company Ltd.. ..Applicant/Appellant -VERSUS- Smt.Seema Sampat Babar and others. ..Respondents ......... Ms.Urmila K. Sanil, Advocate for the appellant. Mr.V.S.Talkute, Advocate for the respondents Nos.1 to 5. .......... CORAM : A.P.DESHPANDE, J. DATED : 12TH FEBRUARY, 2009. P.C. : 1. Ad-interim stay of the execution of the award was granted by this Court vide order dated 05.09.2007 subject to condition that the appellant deposits the amount covered by the award in the Tribunal. 2. Learned counsel for the appellant informs the Court that the entire amount has been deposited. This Court had also permitted the withdrawal of the amount to the extent of Rs.5 Lacs. Out of which, Rs.2.5 Lacs were permitted to be withdrawn without furnishing the security whereas Rs.2.5 Lacs were permitted to be withdrawn after furnishing the security. 2 3. Learned counsel for the respondents submits that the respondents have withdrawn Rs.2.5 Lacs, however, he has no instruction about withdrawal of the amount of Rs.2.5 Lacs for which the security was to be furnished. 4. However, the learned counsel appearing for the parties are in agreement that whatever amount is available in the Tribunal as of now can be directed to be invested in the Nationalized Bank initially for a period of five years. Hence, ad-interim stay stands confirmed and the Motor Accident Claims Tribunal is directed to invest the balance amount lying with it in the Nationalized Bank initially for a period of five years. 5. However, the respondents seek liberty to make a fresh application for withdrawal, in the event contingency arises. Permission is granted. The joint prayer is also made for transferring the sum of Rs.2.5 Lacs which was deposited in this Court to the Tribunal. Hence, the Registry is directed to transfer the amount of Rs.2.5 Lacs to the Tribunal. 6. Civil Application stands disposed of accordingly. JUDGE