Citation : 2021 Latest Caselaw 1838 Guj
Judgement Date : 8 February, 2021
C/FA/2474/2020 IA ORDER
IN THEHIGHCOURTOF GUJARATAT AHMEDABAD
CIVILAPPLICATION(FORSTAY) NO. 1 of 2020
In R/FIRSTAPPEALNO. 2474of 2020
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THELANDACQUISTITIONOFFICER/ REHABILITATIONOFFICER Versus BABARBHAIMANGALBHAIPATEL ========================================================== Appearance:
MR.BHARATVYAS,AGPfor the PETITIONER(s)No. MRN V RAVALfor the RESPONDENT(s)No.
MRVIJAYN RAVALfor the RESPONDENT(s)No. ========================================================== CORAM: HONOURABLE MR. JUSTICE BIREN VAISHNAV Date: 08/02/2021 IA ORDER
There shall be interim relief by way of stay of the execution, implementation and operation of the impugned judgment and order passed by the Reference Court on condition that the applicant shall deposit the awarded amount by the impugned judgment and award together with costs and interest within eight weeks before the Reference Court. The Reference Court shall release 50% of the amount deposited by the appellant in favour of the claimants after due verification. The remaining 50% amount shall be invested in cumulative fixed deposit in any nationalized bank initially for the period of three years, to be renewed from time to time till final disposal of the appeals. The claimants shall not be allowed premature withdrawal thereof or to raise any borrowings on the basis of such investment. Original of the Fixed Deposit may be retained in the custody of the Reference Court. Civil Applications for stay accordingly are allowed. Rule is made absolute.
(BIRENVAISHNAV,J) ANKITSHAH
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