1. The claimants are served.
2. 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 quarterly interest accruing on such deposit shall be paid to the original claimants on regular basis. 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.
3. The application stands disposed of accordingly. Rule is made absolute to the above extent with no order as to costs.
First Appeal to be listed for hearing on 21.03.2012 after the admission Board.
[K.S.
JHAVERI, J.] /phalguni/ Top