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Cholamandal Ms Generalinsurance ... vs Kalpesh Karsanbhai Valendra And ...
2021 Latest Caselaw 924 Bom

Citation : 2021 Latest Caselaw 924 Bom
Judgement Date : 14 January, 2021

Bombay High Court
Cholamandal Ms Generalinsurance ... vs Kalpesh Karsanbhai Valendra And ... on 14 January, 2021
Bench: P. K. Chavan
               This Order is modified/corrected by Speaking to Minutes Order dated 20/01/2021

                                                                           04-IA.95868.2021 for stay.doc


                           IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                    CIVIL APPELLATE JURISDICTION
                                 INTERIM APPLICATION NO.45 OF 2021
                                                 IN
                               FIRST APPEAL (STAMP) NO.95867 OF 2020


          Cholamandal MS General Insurance Co. Ltd.                         ...Applicant
                      V/S
          Kalpesh Karsanbhai Valendra & Anr.                                ...Respondents

                                             ......
          Ayodhya Patki i/b. Nitesh Bhulekar for Applicant.
          T.J. Mendon for Respondent No.1.

                                                  ......
                                            CORAM  : PRITHVIRAJ K. CHAVAN, J.

DATED : 14TH JANUARY, 2021.

P.C.

This is an application seeking stay to the execution and

implementation of the Judgment and Award dated 19 December 2019

passed by the learned Member, Motor Accident Claims Tribunal, Mumbai

in M.A.C.P No.1603 of 2013.

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 three weeks from today. Undertaking is accepted. However, he

Tauseef 1 of 3

This Order is modified/corrected by Speaking to Minutes Order dated 20/01/2021

04-IA.95868.2021 for stay.doc

contends that this is a case in which an issue of fake policy is involved and,

therefore, the amount of compensation may not be disbursed in favour of

the respondents-claimants.

4. The award is to the tune of Rs.5,21,308/- (Rupees Five Lakhs

Twenty One Thousand Three Hundred Eight Only) with interest @ 7.5%

per annum.

5. If the Applicant fails to deposit the amount as aforesaid, the

respondents - claimants are at liberty to execute the award.

6. After depositing the amount under award, the respondents

will be at liberty to withdraw 50% of the amount with an undertaking that

in case the Applicant succeeds in this appeal, the respondent would return

the amount with interest that would be decided by this Court at the

relevant time.

7. If respondent No.1 does not file an 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.

Tauseef 2 of 3

This Order is modified/corrected by Speaking to Minutes Order dated 20/01/2021

04-IA.95868.2021 for stay.doc

8. 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.

9. The application stands disposed of.




                                                            (PRITHVIRAJ K. CHAVAN, J.)




Tauseef                                                                                                 3 of 3


 

 
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