THE HON’BLE SMT. JUSTICE RENUKA YARA M.A.C.M.A.No.334 of 2023

JUDGMENT:

Heard Sri Ram Chandar Rao Vemuganti, learned counsel for the appellants/claimants and Sri Agasthya Sharma Sridi, learned counsel appearing for respondent No.4/Insurance Company.

Perused the entire record.

2. This is an appeal preferred by the appellants/claimants aggrieved by the compensation awarded by the learned Chairman, Motor Accidents Claims Tribunal-cum-III Additional District Judge, Karimnagar (for short ‘the Tribunal’) in M.V.O.P.No.562 of 2018, dated 21.11.2022, wherein, compensation of Rs.12,15,500/- with interest @ 7.5 % per annum has been awarded in a claim petition filed by the claimants seeking compensation of Rs.20,00,000/-.

3. The appellants/claimants filed the claim petition seeking compensation of Rs.20,00,000/- from the respondents jointly and severally on account of death of one K.R. Jawahar in a road traffic accident that occurred on 28.10.2017, at about 21 hours, in front of Little Flower Degree College, Uppal. On the said date, the deceased was proceeding on his motor cycle bearing No.TS-09-EF- 4768 to Ranigunj, Secunderabad to purchase required electrical goods on wholesale as per the orde