(1.) HEARD Mr. J. D. Malvi, the learned counsel for the appellants and Mr. V. P. Sathe, the learned counsel for the respondent No. 3. None for respondent Nos. 1 and 2, though served.
(2.) IN this appeal the award dated 8-11-1996 passed by the Member, Motor Accident Claims Tribunal, Nagpur under Section 168 of the Motor Vehicles Act, 1988 (For short, the Act) in Claim Petition No. 443/1993 granting compensation of Rs. 1,40,000/- with interest @12% per annum from the date of petition till realisation is under challenge on the ground that the Tribunal has awarded inadequate and unreasonable compensation to the appellants-claimants.
(3.) BRIEF facts are as under: