Rule.
Expedited.
Heard and also considered the decision of the Apex Court in the case of Regional Provident Fund Commissioner, Mangalore Vs. Central Aercanut and Coca Marketing and Processing Co-op. Limited, Mangalore- 2006 (0) GLHEL-SC 36587.
The impugned order is stayed on condition that the petitioner shall deposit the balance amount, after deducting the amount which has been recovered by the respondents as per the order of the appellate authority and first authority, with the Registry of this Court within a period of four weeks from today. On depositing the amount, immediately the petitioner will inform Mr. Mehta, learned advocate about the same. Mr.Mehta, learned advocate will verify the calculation of the amount. If there is any discrepancy, he will give detailed calculation within a period of two weeks thereafter. If the discrepancy is found to be correct, such amount will be deposited by the petitioner without prejudice to the rights and contentions. The entire amount deposited by the petitioner with the Registry of this Court shall be invested by the Registry in the name of Registrar, High Court of Gujarat with a nationalized bank initially for a period of three years and thereafter shall be renewed every year till the final result of this petition. The interest accruing on the same shall be paid to the respondents quarterly by Account Payee cheque.
In case of failure to deposit the amount, the interim relief shall stand vacated without any further orders.
(K.S.
JHAVERI, J.) niru* Top