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Reliance vs Rathwa

High Court Of Gujarat|13 April, 2012

JUDGMENT / ORDER

Admit.
(K.S.JHAVERI,J.) ORDER IN CIVIL APPLICATION Rule returnable on 20.06.2012.
In the meantime, there shall be stay against the execution of the impugned award on condition that the applicant- appellant shall deposit the entire awarded amount with proportionate cost and interest with the Tribunal before the returnable date. On deposit of the amount the said amount shall be invested in the name of the Nazir of the Tribunal with a 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 appeal or main claim petition whichever is earlier. The periodical interest that may be accrued on the said deposit shall be paid to the original claimant. The Fixed Deposit shall be kept with the Nazir of the Tribunal.
(K.S.JHAVERI, J.) niru* Top
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Title

Reliance vs Rathwa

Court

High Court Of Gujarat

JudgmentDate
13 April, 2012