(1.) THE Andhra Pradesh State Road Transport Corporation (for short, 'APSRTC Respondent in the claim petition filed this appeal, having been aggrieved by the Order/Award of the learned Chairman of the Motor Accidents Claims Tribunal -cum -District Judge, Chittoor, (for short, 'Tribunal') in M.V.O.P. No. 64 of 2001 dated 12.12.2003, against awarding compensation of Rs. 3,50,000/ - (Rupees three lakh fifty thousand only) with 9% p.a. interest as against the claim of the claimant (minor boy represented by mother guardian) for Rs. 4,00,000/ - (Rupees four lakh only), in the claim petition under Section 166 of the Motor Vehicle Act, 1988 (for short, 'the Act').
(2.) HEARD Sri P. Vinayakaswamy, learned standing counsel for the appellant, Sri Kishore Kumar Reddy, learned counsel for the respondent. Perused the material on record. The parties hereinafter are referred to as arrayed before the Tribunal for sake of convenience in the appeal.
(3.) WHEREAS , it is the contention of the counsel for the claimant that the findings of the Tribunal are correct and compensation awarded is just and requires no interference while sitting in appeal but for dismissal of the appeal.