B. Siva Sankara Rao, J.

1. The Cholamandalam MG General Insurance Company Limited (2nd respondent in the claim petition) filed this appeal, having been aggrieved by the Order/Award of the learned Chairman of the Motor Accidents Claims Tribunal-cum-District Judge, Warangal (for short, 'Tribunal') in M.V.O.P. No. 8 of 2005 dated 05.03.2007, awarding compensation of Rs. 3,50,000/- (Rupees three lakh fifty thousand only) against the claim of the respondent Nos. 1 to 4 (claimants in the claim petition i.e. wife, two major sons and minor daughter of deceased) of Rs. 5,75,000/- (Rupees five lakh seventy five thousand only), in the claim petition under Section 166 of the Motor Vehicle Act, 1988 (for short, 'the Act').

2. Heard Sri Kota Subbarao, learned standing counsel for the appellant, Sri T. Damodar, learned counsel for the respondents 1 to 4-claimants. The 5th respondent-owner of the crime vehicle though contested before the Tribunal did not choose to appear before this Court and thus taken as heard the 5th respondent for the absence to decide on merits and perused the record. The parties hereinafter are referred to as arrayed before the Tribunal for the sake of convenience in t