19.01.2021 (S/L-21) Ct.-18 (Susanta) FMAT 229 of 2020 With IA No. CAN 1 of 2020 ICICI Lombard General Insurance Co. Ltd.
-Vs-
Anjali Pal & Anr.
Mr. Parimal Kumar Pahari, ......For the Appellant/Insurance Co. The insurance company is the appellant of the instant appeal which is directed against the judgment and award dated February 06, 2020 passed by the Tribunal in MAC case no. 218 of 2018.
This is an application by the appellant praying for stay of the operation of the judgment and award under appeal.
The appellant is directed to serve the copy of the application upon the opposite parties by speed post with acknowledgement due intimating the matter will come in the list on January 27, 2021 under the heading "Application". The appellant to file affidavit-of-service on the next date of hearing.
The appellant is required to deposit the awarded sum along with statutory interest with the Learned Registrar General of this High Court within three weeks from date. 2 The learned Registrar General shall ensure that the same be invested in a Short Term Auto Renewal Fixed Deposit account of any nationalized bank until further order. There shall be an unconditional stay of the operation of the judgment and award under appeal for the period of three weeks from date. If, the deposit as directed above is made within the aforesaid period the stay granted by this order shall continue till the disposal of the present application, in default the said order of stay shall stand automatically vacated without any reference to this Court. Urgent photostat certified copy of this order, if applied for, be supplied to the parties upon compliance with all requisite formalities.
(Biswajit Basu, J.)