(Per : MR.JUSTICE Y.B.BHATT) Heard the learned counsel for the applicant and learned counsel for the opponent-respondent claimants. On the facts and circumstances of the case it is directed that:
(1) the amount deposited by the applicant with the Registry shall be transmitted to the Tribunal forthwith i.e. not later than 3rd August 2001;
(2) the Tribunal shall invest the total deposited amount in the name of the Registrar by way of a Fixed Deposit with a nationalised bank, initially for a period of three years and and on maturity, shall be renewed by one year at a time without further orders in this regard. The interest accruing on the said deposit shall continue to accrue and shall be added on to the principal amount of the deposit.
Rule is accordingly made absolute with no order as to costs.
[Y.B. BHATT J.] [M.C. PATEL J.] *ar*