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Oriental Insruance Company Ltd vs Kantaben Widow Of Dhulabhai

High Court Of Gujarat|26 September, 2013
[1] Having heard learned advocate for the applicant, interim relief in terms of para 5(a) is granted on condition that the applicant herein deposits entire awarded amount together with proportionate costs and interest with the concerned Tribunal within a period of six weeks from today. On such amount being deposited, the amount of Rs.2,70,000/- along with interest and proportionate costs shall be invested by the concerned Tribunal by way of cumulative fixed deposit with any nationalized 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 First Appeal. The remaining amount along with interest and proportionate costs will be paid to the claimants as per the order passed by the Tribunal after due verification by way of account payee cheque.
[2] In view of above, Civil Application is allowed.
(M.D.SHAH, J.) Srilatha Page 2 of 2
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