JUDGMENT :

This appeal has been preferred under Section 173 of the Motor Vehicles Act (for short “the Act”) by the appellants-claimants against the judgment and award dated 04.05.2006 passed by the learned Motor Accidents Claims Tribunal-cum-I Additional District Judge, Guntur, (for short “the Tribunal”), in M.V.O.P.No.262 of 2003 granting compensation of Rs.1,50,000/- with proportionate costs and with interest @ 7.5% per annum thereon from the date of filing of the petition till the date of deposit of the compensation amount, against respondents 2 and 3 jointly and severally.

2. For the sake of convenience, the parties are hereinafter referred to as they are arrayed before the Tribunal in the claim petition.

3. The brief facts of the case are that on 04.02.2003 at about 7.30 p.m., when Venkata Raghava Rao (hereinafter referred to as “the deceased”) along with one Pitchaiah Gupta was standing near Lakshmi Talkies road margin, Gurazala, the driver of the lorry bearing No. AP 5U 5950 drove the same in a rash and negligent manner and dashed against the deceased-Raghava Rao. The lorry