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New India Assurance Co Ltd vs Jayshriben

High Court Of Gujarat|29 June, 2012

JUDGMENT / ORDER

Order in Civil Application No. 7063 of 2012:
1. In compliance of the order dated 29/06/2012, the applicant appellant herein has deposited, in all, of Rs.76,223/- with the concerned tribunal. Hence, the ad-interim relief granted by the aforesaid order, is confirmed.
2. The concerned tribunal is hereby directed that, out of the aforesaid amount, 70% amount be invested by way of a Cumulative Fixed Deposit in any Nationalized Bank, initially for a period of three years in the name of the original claimants. In case, if the appeal is not decided within the said period, the Fixed Deposit will be renewed from time to time. This stipulation will be made with the bank that the renewal of the FDR shall be automatic. The original FDR(s) shall be retained with the Nazir of the tribunal. The rest 30% amount is directed to be disbursed amongst the original claimants by way of Account Payee Cheque, following due procedure for the same.
3. The Civil Application is accordingly allowed. Rule is made absolute in aforesaid terms.
Order in Civil Application No. 13358 of 2012:
The learned advocate for the applicant submitted that as all the respondents are served and in view of the aforesaid order passed in Civil Application No. 7063 of 2012, present Civil Application for substituted service does not survive. The same is accordingly disposed of as not surviving.
[ G. B. Shah, J. ] hiren Page 3 of 3
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Title

New India Assurance Co Ltd vs Jayshriben

Court

High Court Of Gujarat

JudgmentDate
29 June, 2012