( 1 ) IN this appeal preferred by the Insurance Company under Section 173 (1) of the Motor Vehicles Act, 1988 (for short, 'the Act'), the correctness of the judgment and award dated 16th August, 2001 passed in mvc No. 1 of 1998 on the file of the Court of the Principal District judge and Motor Accidents Claims Tribunal, Dharwad (for short, 'the mact), awarding compensation of Rs. 3,14,800/- with interest at the rate of 6% per annum from the date of claim petition till its realization, in favour of respondents 1 to 4 who are the claimants in MVC No. 1 of 1998 is called in question.

( 2 ) ON 4-12-1997 at about 6. 45 p. m. a tempo bearing Registration No. KA-25/6976 driven by its driver Moinuddin, by name, in high speed and rash and negligent manner without observing the traffic rules dashed against the deceased Yellappa Talawar alias Walikar near Navalur railway Station on Poona-Bangalore National Highway No. 4 as a result of which Yellappa Talawar died on the spot.

( 3 ) THE legal representatives of the deceased alleging that the accident took place on account of rash and negligent driving of the driver of the tempo filed claim petition under Section 166 of the Act c