Motor Vehicles Act,1988  - Motor Accident Claim

Motor Accident Claim - Compensation - Interest awarded @ 9% - The remaining amount of Rs.1,43,844/- with proportionate interest shall be paid to the appellant-minor through her father by way of either a demand draft or deposited with the Motor Accidents Claims Tribunal within six weeks - The respondent Insurance Company is directed to deposit a sum of Rs.4,00,000/- with proportionate interest for a period of 3 years with the liberty to the appellant (who may have become a major) Sachin to withdraw the same by filing an application for his education, development and welfare - The remaining amount of Rs.1,58,876/- with proportionate interest shall be paid to him by way of either a demand draft or deposited with the Motor Accidents Claims Tribunal within six weeks from the date of receipt of the copy of this judgment - The respondent Insurance Company is directed to either pay Rs.5,80,154/- by way of demand draft/drafts in favour of the appellant-father Harinarayan or deposit the same with interest.

Topic(s)-MACT - Award of Compensation