Citation : 2023 Latest Caselaw 2472 AP
Judgement Date : 26 April, 2023
HIGH COURT OF ANDHRA PRADESH :: AT AMARAVATI
MAIN CASE No.MACMA No.1119 of 2016
PROCEEDING SHEET
Sl. DATE ORDER OFFICE NOTE No.
05. 26-04-2023 BSS, J
IA No.1/2022 in MACMA No.1119/2016 The learned counsel for the petitioners sought permission to withdraw the petition. Permitted. The petition is dismissed as withdrawn. No costs.
________ BSS, J IA No.1/2018 in MACMA No.1119/2016 I have heard learned counsel for the petitioners. There is no representation for R1. The learned counsel Mr.G.Srinivasu, represented on behalf of R4.
This petition is filed by the petitioners/claimants, seeking permission to withdraw the amount deposited by R1 as per conditional Stay Orders passed in IA No.1 of 2016, dt.28.03.2016, vide MACMAMP No.1358 of 2016. This Court while granting Interim Stay of the execution of the Decree and Judgment Contd...2
passed in MVOP No.413 of 2012, dt.20.01.2016, passed conditional Stay Orders that "there shall be Interim Stay as prayed for, subject to condition that petitioner/appellant shall deposit 50% of the decretal amount awarded against it along with proportionate costs and interest, within a period of six weeks from today". R1/appellant said to be complied the conditional Stay Orders passed by this Court, and deposited the amount before the Tribunal. The petitioners being claimants are stating that they are entitled to withdraw the amount deposited by R1, as this Court previously not permitted them to withdraw the same, and in Stay vacate petition, they are not in a position to withdraw the amount. They pray to allow the petition.
No counter-affidavit is filed by R1, denying the averments in the affidavit of the petitioners.
A perusal of Award passed by the lower Tribunal, which shows that the Tribunal awarded compensation of Rs.3,74,000/- to the petitioners with proportionate costs with subsequent Contd...3
interest at 7.5% p.a from the date of petition till the date of realization, and directed R1 to R4 to jointly and severally liable to pay the above compensation amount. Then the Tribunal apportioned the liability of R1, R4 being the Insurance Companies of tractor and trailer respectively at 50% each, and then compensation has been apportioned to the petitioners @ Rs.1,37,000/-, Rs.1,37,000/- and Rs.1,00,000/- respectively. Then, the Tribunal permitted petitioners 1 and 3 to withdraw half of the amount of their respective shares, and remaining amount shall be kept in any Nationalized Bank for a period of Two years, and 2nd petitioner was permitted to withdraw the entire compensation amount. R1 and R4 Insurance Companies have filed two separate appeals, which are MACMA Nos.1119 of 2016 and 1644 of 2016. As R1 complied conditional Orders passed by this Court, and on perusal of grounds of appeal, and for the reasons stated in the affidavit of the 1st petitioner, the petitioners are permitted to withdraw Contd...4
50% of compensation amount, deposited by R1 before the Tribunal, without furnishing any security as per their apportionment ordered by the lower Tribunal.
________ BSS, J
MACMA No.1119/2016 IA No.1 of 2022 and IA No.1 of 2018 are allowed.
The learned counsel Mr.P.Nani Naidu, represented on behalf of Mr.N.Venkata Krishna, learned counsel for R1 to R3. The learned counsel Mr.K.Srinivasulu, represented on behalf of Mr.K.Subba Rao, learned counsel for the appellant. The learned counsel Mr.G.Srinivasu represented on behalf of R6.
List the case under the caption of "Final hearing" on 10.05.2023.
________ BSS, J
Bsv
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