(1.) HEARD learned Counsel for the parties and perused the material on record.
(2.) AT the joint request made by the learned Counsel for the parties, the matter is taken up for final hearing.
(3.) LEARNED Counsel for the appellant has submitted that the learned Tribunal has awarded under the head of loss of income a consolidated amount of Rs. 50,000/ - (Rs. fifty thousand only) + addl. amount of Rs. 5,000/ - (Rs. five thousand only) for loss of income during the period of appellant remained in hospitalised. Learned Counsel for the appellant has further submitted that the amount of Rs. 50,000/ - so awarded for loss of income is a very meager amount and not inconsonance with the structured formula as provided under the II Schedule of the Motor Vehicles Act, 1988.