This appeal by the appellant-Insurance Company is directed against the judgment/award d
ated 25.6.2015 passed by the learned Motor Accident Claims Tribunal, Angul, in MAC Case No.116
of 2014, awarding an amount of Rs.7,11,000/- as compensation along with interest @ 7% per ann
um from the date of filing of the claim application, till payment.
Considering the submissions made and keeping in view the quantum of compensation amoun
t awarded and the basis on which the same has been arrived at, I feel, the interest of justice
would be best served, if the awarded compensation amount of Rs.7,11,000/- is modified and red
uced to Rs.6,35,000/-, which is payable to the claimants along with the awarded interest. The
impugned award is modified to the said extent.
The appellant-Insurance Company is directed to deposit the modified compensa
tion amount of Rs.6,35,000/- along with awarded interest with the learned Tribunal within six
weeks hence. On deposit of the amount, the same shall be disbursed to the claimants proportion
ately, as per the direction of the learned Tribunal given in the impugned award.
The statutory amount deposited in the Registry of this Court along with the accrued i
nterest thereon shall be refunded to the appellant-Insurance Company, on production of receipt
showing deposit of the modified compensation amount and interest with the Tribunal.
MACA is accordingly disposed of.
Issue urgent certified copy as per rules.
