Citation : 2024 Latest Caselaw 5399 Raj/2
Judgement Date : 21 August, 2024
HIGH COURT OF JUDICATURE FOR RAJASTHAN
BENCH AT JAIPUR
S.B. Civil Miscellaneous Appeal No. 3399/2024
United India Insurance Company Limited
----Appellant
Versus
Raisingh S/o Raghuveer
----Respondent
For Appellant(s) : Mr. Ajay Kumar Tanenia, Adv.
For : Respondent(s)
HON'BLE MR. JUSTICE UMA SHANKER VYAS
Judgment / Order
21/08/2024 Heard learned counsel for the appellant on an
application no. 1734/2024 filed under Section 5 of
the Limitation Act for condonation of delay.
For the reasons stated in the application no.
1734/2024, the same is allowed. Delay in filing the
appeal is condoned.
Issue notice to the respondents.
List after ten weeks.
SB Civil Misc. Stay Application No.2924/2024:-
Heard on the stay application preferred by the
appellant-Insurance Company and perused the material
available on record.
(2 of 2) [CMA-3399/2024]
The execution of the impugned award passed by
the Tribunal is stayed subject to the condition that the
appellant shall deposit the entire award amount within
two months from today with the Tribunal. Upon
deposition of said amount, the claimant(s) shall be at
liberty to withdraw 50% out of the said amount on
their furnishing an undertaking to the effect that if the
appellant(s) ultimately succeeds in the appeal, the said
amount shall be immediately refunded to the
appellant(s) with interest @ 6% per annum from the
date of withdrawal till repayment. The rest of the
amount shall be invested in the FDR of a Nationalized
Bank initially for a period of one year, which shall be
renewed from time to time.
The stay application is disposed of accordingly.
Record of the Tribunal be sent back to this Court
after disbursement of the amount as aforesaid.
However, the claimant(s) shall be at liberty to file
an application for modification/clarification of this order.
(UMA SHANKER VYAS),J
YOGESH KUMAR /487
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