B.R.SARANGI
National Insurance Company Ltd. – Appellant
Versus
Gitanjali Mahanta – Respondent
JUDGMENT
Dr. B.R. Sarangi, J. - The appellant-insurance company has filed this appeal challenging the award/judgment dated 07.08.2018 passed by the Motor Accident Claims Tribunal-I, Balasore in M.A.C. Case No. 153 f 2016. In the said award, the Tribunal has directed the appellant-insurance company to pay an amount of Rs.61,07,518/- along with interest @ 7.5 % per annum to the claimant-respondents from the date of filing of the claim petition, i.e. from 12.04.2016 till its actual payment within two months from the date of award. It was also directed that out of the compensation amount, as awarded, the claimant- respondent no.1-wife of the deceased shall get a sum of Rs.31,07,518/-, out of which a sum of Rs.25,00,000/- shall be kept as fixed deposit in her name in a nationalized bank for a period of six years and the balance amount of Rs.6,07,518/- along with accrued interest over the entire compensation amount of Rs.61,07,518/- be paid to her in cash. The claimant-respondents 2 and 3, who are the daughters of the deceased, shall get a sum of Rs. 12,50,000/- each and the entire amount be kept as fixed deposit in their names separately in a nationalized bank for a period of six years i
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