12.In the result, this Civil Miscellaneous Appeal is
partly allowed and the compensation awarded by the Tribunal at
Rs.1,64,760/- is hereby reduced to Rs.34,360/- with interest at
the rate of 7.5% per annum from the date of petition till the
date of deposit, thereafter the rate of interest awarded by the
Bank for the sum of Rs.34,360/- from the date of deposit till the
date of disbursement. The Appellant/Insurance Company is
directed to deposit the compensation awarded by this Court with
interest and costs, if not deposited, within a period of four
weeks from the date of receipt of a copy of this order to the
credit of M.C.O.P.No.993 of 2003. On such deposit, the Tribunal
is directed to transfer the entire award amount to the appellant
by way of RTGS, within a period of three weeks from the deposit
or from the date of receipt of the Bank details obtained from the
claimant or application made by the claimant for withdrawal,
whichever is later. If the Insurance Company had already
deposited the entire award amount ordered by the Claims Tribunal,
the Appellant/ Insurance Company is directed to withdraw the
balance amount. No costs. Consequently, connected
