NEW INDIA ASSURANCE CO LTD - Petitioner(s) Versus HEIRS AND LEGAL R P OF DECD KHATUBEN HASAMBHAI SANDHI & 4 - Respondent(s) ========================================================= Appearance :
MR SUNIL B PARIKH for Petitioner(s) : 1, RULE SERVED for Respondent(s) : 1 -
5. ========================================================= CORAM :
HONOURABLE MR.JUSTICE KS JHAVERI Date : 31/01/2012 ORAL COMMON ORDER
1. Heard.
Ad-interim relief granted earlier to continue as interim relief pending final disposal of the First Appeals. 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 appeals.
2. The applications stand disposed of accordingly. Rule is made absolute to the above extent with no order as to costs.
Office is directed to list First Appeals for hearing on 09.04.2012 and in the meanwhile shall call for the R & P, so as to reach this Court on or before the 07.04.2012.
[K.S.
JHAVERI, J.] /phalguni/