Mr. Mehta, Ld.
Advocate for the appellant - insurance company submitted that the order dated 20/4/2012 has been duly complied with and the awarded amount together with costs and interest has been deposited on 28/5/2012 and hence so far as the insurance company is concerned, the order dated 20/4/2012 has been complied with. However, considering the order dated 20/4/2012 this Court directed the Tribunal to invest the said amount in a Nationalized Bank by way of FDR initially for a period of three years and on maturity, shall be renewed by one year at a time till final disposal of the main appeal. The said FDR shall be retained by the Nazir of the Tribunal. Interest accrued thereon shall be paid to the original claimants.
In above view of the matter, since the order is complied with, the ad-interim relief granted in terms of para. 4[A] shall continue till the final disposal of the main appeal. The Civil Application accordingly stands disposed of. Rule is made absolute.
(J.C.UPADHYAYA, J.) * Pansala.
Top