THE HON’BLE SRI JUSTICE D.S.R.VARMA CIVIL MISCELLANEOUS APPEAL No.2249 of 2003 ORAL JUDGMENT: Heard both sides. 2. Aggrieved by the quantum of compensation awarded by the III Additional District Judge, Kakinada- cum-Motor Accident Claims Tribunal (for brevity “the Tribunal”), in O.P.No.479 of 1999, by order, dated 26.12.2002, for the death of one Katari Chakraveni, in a road accident that occurred 17.01.1999, the appellant- National Insurance Company Limited has preferred the present Civil Miscellaneous Appeal. I have perused the impugned order and found that the reasons assigned by the Tribunal, while awarding the compensation, are rational. The quantification of compensation is the only question that is raised before this Court. Having regard to the facts and circumstances of the case and the application of the multiplier, particularly, following the judgment of the Supreme Court in Sarla Verma v. Delhi Transport Corporation[1], there is no necessity to interfere with the impugned order, passed by the Tribunal. The learned Standing Counsel appearing for the insurance company vehemently contends that the rate of interest awarded by the Tribunal is on higher side. However, having regard to the facts and circumstances, I am of the opinion that the rate of interest awarded by the Tribunal is slightly on higher side. Therefore, the same is reduced from 9% to 7.5% per annum from the date of filing of the claim petition till the date of realisation. In all other respects and aspects, the impugned order and decree shall remain unaltered. In the result, the Civil Miscellaneous Appeal is allowed in part, to the extent indicated above. However, there shall be no order as to costs. ______________________ JUSTICE D.S.R.VARMA 05th August 2010 dr [1] AIR 2009 SC 3104