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Sbi General Insurance Co. Ltd vs Radheshayam Pal S/O Ram Sajvan Pal
2021 Latest Caselaw 1275 Bom

Citation : 2021 Latest Caselaw 1275 Bom
Judgement Date : 19 January, 2021

Bombay High Court
Sbi General Insurance Co. Ltd vs Radheshayam Pal S/O Ram Sajvan Pal on 19 January, 2021
Bench: P. K. Chavan
                                                                      8-IA-ST-92933-2020.doc


                Shailaja
                             IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                        CIVIL APPELLATE JURISDICTION
                            INTERIM APPLICATION [STAMP] NO.92933 OF 2020
                                                     IN
                                    FIRST APPEAL [STAMP] NO.92913 OF 2020


                SBI General Insurance Co. Ltd.               ]    Applicant
                           Vs.
                Radheshayam Pal S/o Ram Sajvan Pal           ]
                and others.                                  ]    Respondents
                                                 .....
                Ms. Shalini Shankar, for Applicant.
                                                 .....

                                                  CORAM : PRITHVIRAJ K. CHAVAN, J.

DATE : 19th JANUARY, 2021.

P.C:

1. This is an application seeking stay to the execution and implementation of the Judgment and Award dated 16th January, 2020 passed by the learned Member, Motor Accident Claims Tribunal, Mumbai in M.A.C.P No.489 of 2017.

2. Heard learned Counsel for the applicant.

3. Learned Counsel appearing for the applicant undertakes to deposit entire amount of compensation with interest in M.A.C.T, Mumbai within six weeks from today. Undertaking is accepted.




              Digitally signed by
Shailaja S.   Shailaja S. Halkude
                                                                                        1 of 3
Halkude       Date: 2021.01.21
              13:13:42 +0530
                                                  8-IA-ST-92933-2020.doc


4. In view of the undertaking tendered by the learned Counsel for the applicant, there shall be ad-interim relief in terms of prayer clause (a), subject to deposit of the amount as above.

5. If the applicant fails to deposit the entire amount within six weeks, ad-interim relief shall stand vacated without further reference to the Court.

6. After depositing the amount, the applicant shall inform the respondents-claimants about the factum of deposit within one week.

7. The respondents are at liberty to withdraw 50% of the amount that would be deposited by the applicant before the concerned M.A.C.T upon furnishing an undertaking within one week that if the applicant succeeds in the appeal, the respondents shall return the amount with interest at such rate as would be directed by this Court depending upon the outcome of the first appeal.

8. If the respondents do not file undertaking within the aforesaid period, the amount that would be deposited by the applicant shall be invested by the M.A.C.T in the fixed deposit of a Nationalized Bank for a period of one year and thereafter for one more year again, after obtaining order from this Court.

9. If 50% amount is withdrawn by the respondents, balance amount shall be invested by the M.A.C.T in a fixed deposit as stated above, in a Nationalized Bank.

2 of 3 8-IA-ST-92933-2020.doc

10. The application stands disposed of.

11. This order will be digitally signed by the Personal Assistant of this Court. All concerned shall act on production by fax or e- mail of a digitally signed copy of this order.

[PRITHVIRAJ K. CHAVAN, J.]

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