JUDGMENT :

Assailing the order and decree dated 26.06.2006 in O.P. No.501 of 2005 passed by the Motor Vehicle Accidents Claims Tribunal-cum-V Additional District Judge, Karimnagar (for short ‘the Tribunal’), the appellants filed the present appeal.

2. Vide the aforesaid order, the Tribunal has awarded an amount of Rs.2,23,460/- (Rupees two lakhs twenty three thousand four hundred and sixty only), after deducting an amount of Rs.50,000/- claimed under no fault liability, towards compensation with proportionate costs and interest at 6% per annum thereon from the date of petition till the date of realization against respondent Nos.1 and 2 jointly and severally as against the claim of Rs.5,00,000/- (Rupees five lakhs only) laid by the appellants.

3. Heard Mr. Kandi Ramachandra Reddy, learned counsel for the appellants and Mr. A. Ravi Babu, learned Standing Counsel for T.S.R.T.C. appearing on behalf of respondent No.2

4. It is relevant to note that on consideration of the entire evidence, the Tribunal gave a specific finding that the accident had occurred due to rash and negligent driving of