SANJAY KAROL
Geeta Nand – Appellant
Versus
Tulsi Ram and Branch Manager – Respondent
Sanjay Karol, Judge
In this appeal, filed under the provisions of Section 173 of the Motor Vehicles Act, 1988 (hereinafter referred to as the Act), petitioners, who are the owner and driver of the vehicle, have assailed the award dated 28.2.2012, passed by Motor Accident Clams Tribunal (1), Mandi, Himachal Pradesh, in Claim Petition No.55 of 2009, titled as Tulsi Ram v. Geeta Nand & others.
2. Operative portion of the impugned award reads as under:
“In view of the discussion made above, the claim petition is allowed and the claimant is held entitled for a sum of Rs. 1,73,714/-as compensation alongwith interest at the rate of 7.5% per annum from the date of filing of the petition i.e. on 18-6-2009 the (sic: till) the realization of the whole amount with interest from the respondent Nos.1&2. The respondent Nos.1&2 are liable to pay the amount of compensation alongwith interest jointly and severally. 50% of the amount of compensation, on its deposit, is ordered to be released to the claimant and the remaining 50% amount of compensation is ordered to be invested in some Nationalized bank at Mandi in the shape of FDR for a period of three years. Any amount, if paid as interim co
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