RANKI Vs. LIBRA FINANCE AND CAREER PVT LTD

JUDGEMENT

(1.) THIS appeal is directed against the judgment and award dtd.4.3.2008 passed by the learned Motor Accident Claims Tribunal, Pali in Claim Case No.3/2005 ? Smt. Ranki and ors. V/s M/s Libra Finance and Career Pvt. Ltd., whereby the learned Tribunal while awarding compensation, has not awarded interest in addition to the amount of compensation.

(2.) THE only point which arises for consideration and is pressed by the claimants -appellants in the present appeal is that the learned Tribunal has not awarded any interest on the compensation amount of Rs.4,00,000/- awarded in favour of the claimants for the death of Buddha Ram in an accident which took place on 28.5.2004 despite Section 171 of the Motor Vehicles Act.

(3.) ACCORDINGLY, the present appeal of claimants is allowed and the award of the learned Tribunal is modified to the extent that the respondents including the respondent Insurance Company shall be jointly and severally liable to pay interest @9% per annum from the date of filing of claim petition till the date of payment to the claimants. This amount of interest may be paid to the claimants within a period of 3 months from today. No order as to costs.