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Bajaj vs Noormamad

High Court Of Gujarat|01 May, 2012

JUDGMENT / ORDER

Admit.
(K.S.
JHAVERI, J.) ORDER IN CIVIL APPLICATION
1. Rule returnable on 02.07.2012.
2. In the meantime, ad-interim relief in terms of para 6 (A) is granted on condition that the applicant shall deposit the entire awarded amount along with interest and costs with the Tribunal before the returnable date. The original claimants shall be at liberty to withdraw 30% of the deposited amount subject to the result of the first appeal. The remaining 70% amount shall be invested by the Tribunal in the name of Registry of the Tribunal by way of a fixed deposit with a nationalised bank initially for a period of three years and on maturity shall be renewed by one year at a time without any further orders in this regard till the disposal of the appeal. The interest accruing on the said deposit shall be paid to the original claimants quarterly. The Fixed Deposit Receipt shall be retained by the Tribunal.
(K.S.
JHAVERI, J.) Divya// Top
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Title

Bajaj vs Noormamad

Court

High Court Of Gujarat

JudgmentDate
01 May, 2012