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Bombay High Court

Nanda Subhash Netke And Ors vs Bajaj Allianz General Insurance Co. ... on 14 September, 2018

Author: P.R. Bora

Bench: P.R. Bora

                     IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                           BENCH AT AURANGABAD 


              927 CIVIL APPLICATION NO. 11491 OF 2018
         IN FA/1131/2018 WITH CA/4235/2018 IN FA/1131/2018

                    NANDA SUBHASH NETKE AND ORS
                               VERSUS
        BAJAJ ALLIANZ GENERAL INSURANCE CO. LTD., THR ITS 
                  BRANCH MANAGER, AURANGABAD AND
                                 ...
          Advocate for Applicants : Mr. Sikchi Aditya N.
                 Mr. S. G. Chapalgaonkar For R/1.
                                 ...
                       CORAM : P.R. BORA, J.
                     Dated: September 14, 2018
                                 ...
      PER COURT :-


      1.                Heard   Shri   Sikchi   learned   counsel   for 

      applicants   and   Shri   Chapalgaonkar,   learned   counsel 

      for respondent-insurance company.

      2.                The   insurance   company   has   challenged   the 

      Award   to   the   extent   of   award   of   non-pecuniary 

      damages.     Considering   the   objections   so   raised,   I 

      deem it appropriate to pass following order, -

                                         ORDER

i) The applicants, at present, are permitted to withdraw a sum of Rs.6,50,000/- (Rupees six lakhs and fifty thousand) on submitting an undertaking to BDV ::: Uploaded on - 18/09/2018 ::: Downloaded on - 19/09/2018 00:36:04 ::: IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD the satisfaction of the Registrar of this Court.

ii) Balance amount be invested in Fixed Deposit Receipt of any Nationalized Bank, initially for a period of one year and if so required till disposal of the appeal.

iii. CA for withdrawal of the amount is disposed of.

3. List the appeal for final disposal on 4th October, 2018.

( P.R. BORA, J. ) ...

BDV ::: Uploaded on - 18/09/2018 ::: Downloaded on - 19/09/2018 00:36:04 :::