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New vs Bhanubhai

High Court Of Gujarat|27 March, 2012

JUDGMENT / ORDER

On depositing the entire decretal amount together with accrued interest and costs by the applicant, the Tribunal concerned is directed to invest 60% thereof in any Nationalized Bank in the name of respondent claimant initially for a period of three years with periodical renewal with a condition that claimants will get quarterly interest upon said FDR till the appeal is finally decided by this Court. Said FDR, though in the name of respondent-claimant, shall remain with Nazir of the Court concerned till the appeal is finally decided by this Court. Rest of the 40% amount is permitted to be withdrawn by the respondent-claimant, by account payee cheque, after proper verification subject to final result in the appeal. Interim relief is confirmed. Rule is made absolute. (K.S.Jhaveri, J.) *mohd Top
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Title

New vs Bhanubhai

Court

High Court Of Gujarat

JudgmentDate
27 March, 2012