R.Kantha Rao, J.

These two appeals have been filed challenging the award dated 18.04.2006 passed by the III Additional Metropolitan Sessions Judge-cum-XVII Additional Chief Judge, Hyderabad in O.P.No.361 of 2002.

Wife and four children of the deceased B.Satyanarayana Siddhanthi filed the claim petition before the Tribunal under Section 166 of the M.V.Act, 1988 claiming compensation of Rs.41,10,280/- on account of the death of B.Satyanarayana Siddhanthi in a motor vehicle accident occurred on 23.05.2001 near Narketpally of Nalgonda District.

The learned Tribunal after making an enquiry into the claim passed an award for an amount of Rs.13,70,000/- granting subsequent interest @ 7.5% per annum from the date of the petition till payment.

Challenge to the award by the claimants in MACMA No.1661/06 is regarding the quantum of compensation on the ground that it is grossly inadequate and not computed in accordance with the principles applicable for computation of compensation. Whereas, MACMA No.2535 of 2006 has been filed by the second respondent/insurance company challenging the award on the grounds viz. that the Tribunal ought not to have held that hte appellant insurance co