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Icici vs Vanza

High Court Of Gujarat|26 April, 2012

JUDGMENT / ORDER

APPEAL No.899 of 2012:
ADMIT.
CIVIL APPLICATION No.3755 of 2012:
Rule returnable on 18th June 2012. In the meantime, order dated 14.12.2011 passed by the MACT Tribunal (Main), Jamnagar in MAC Petition No.546 of 2008 is stayed on the condition that the entire awarded amount along with interest is deposited before the Tribunal. Though the written statement was filed by the insurance company at Exhibit 17 The Tribunal has not considered the same. Therefore, the Tribunal concerned is directed to invest the entire amount in any Nationalized Bank in the name of respondent claimants initially for a period of three years with periodical renewal with a condition that claimants will get quarterly interest upon said FDR till the appeal is finally decided by this Court. Said FDR, though in the name of respondent-claimant, shall remain with Nazir of the Court concerned till the appeal is finally decided by this Court.
(K.S.Jhaveri, J.) *mohd Top
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Title

Icici vs Vanza

Court

High Court Of Gujarat

JudgmentDate
26 April, 2012