Challenging the quantum of compensation, 2nd respondent in the OP/ Insurance Company preferred MACMA.

2. On factual side, one K. Srinivas, 30 years old bachelor died when a tanker lorry hit him when its driver in the process of reversing the vehicle drove it in a rash and negligent manner and hit the deceased. The claimants who are the parents of the deceased filed M.V.O.P.No.272 of 2006 and claimed Rs.4,00,000/- as compensation against respondents 1 and 2 who are the owner and insurer of the offending vehicle. 1st respondent/ owner remained ex parte and 2nd respondent/ Insurance Company contested the matter. After trial, on consideration of evidence on record, the Tribunal awarded total compensation of Rs.2,77,000/-with costs and interest at 6% p.a against respondents.

Hence the appeal by Insurance Company challenging the compensation as exorbitant.

3. The parties in this appeal are referred to as they stood before the Tribunal.

4. Heard arguments of Sri G.Ramachandra Reddy, learned counsel for appellant/ Insurance Company and Sri G.Madhu, learned counsel for respondents/ claimants.

5. a) Challenging the compensation, learned counsel for appellant firstly argued that