High Court reduces payment amount with modified deadline and security provision. Stay on proceedings pending appeal.

The High Court modified the judgment, reducing the payment amount to Rs. 8,00,000 by 30.04.2013 and Rs. 7,00,000 by 30.05.2013, with security for the balance. Proceedings are stayed pending appeal upon meeting the specified conditions.

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The appellant appealed against a judgment directing payment of a large amount. The High Court modified the order, reducing the amount to be paid to Rs. 8,00,000 by 30.04.2013 and Rs. 7,00,000 by 30.05.2013, with a security for the balance amount. Proceedings will be kept in abeyance until the appeal is disposed of upon compliance with the conditions.

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