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Reliance General Insurance ... vs Dipakbhai

High Court Of Gujarat|18 December, 2012

JUDGMENT / ORDER

1. In compliance of the order dated 18/12/2012, the applicant appellant herein has deposited the following amount with the concerned tribunal. Hence, the ad-interim relief granted by the aforesaid order, is confirmed in each Civil Application:
Sr.
Civil Application Amount Deposited (Rs.) 1 13616 of 2012 3,31,410/-
13617 of 2012 84,274/-
13618 of 2012 1,45,835/-
13619 of 2012 23,914/-
2. The concerned tribunal is hereby directed that, out of the aforesaid amount, following 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 appeals are 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 following remaining amount is directed to be disbursed amongst the respondents
- original claimants by way of Account Payee Cheque, following due procedure for the same:
Sr.
Civil Application In Fixed Deposit, as aforesaid To be disbursed to the original claimants, as aforesaid 1 13616 of 2012 70% 30% 2 13617 of 2012 70% 30% 3 13618 of 2012 80% 20% 4 13619 of 2012 80% 20%
3. The Civil Applications are accordingly allowed. Rule is made absolute in aforesaid terms.
[ G. B. Shah, J. ] hiren Page 3 of 3
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Title

Reliance General Insurance ... vs Dipakbhai

Court

High Court Of Gujarat

JudgmentDate
18 December, 2012