1. Heard learned counsel for the respective parties. Ad-interim relief granted earlier to continue as interim relief pending final disposal of the First Appeal. The entire amount deposited with the Tribunal concerned, shall be invested in Fixed Deposit with any nationalized bank, initially, for a period of one year, which shall be renewed from time to time, without any further orders in that regard from this Court. The interest accruing on such deposit shall be accumulated. The FDR shall be retained by the 'Nazir' of the Tribunal concerned. Orders regarding disbursement of the above amount shall be passed at the time of final disposal of the first appeal.
2. The application stands disposed of accordingly. Rule is made absolute to the above extent with no order as to costs. It is however, observed that it will be open for the claimants to recover the amount from the owner of the vehicle.
[K.S.
JHAVERI, J.] /phalguni/ Top