HON’BLE SRI JUSTICE ASHUTOSH MOHUNTA M.A.C.M.A.M.P.No.4849 of 2011 and M.A.C.M.A.(Sr.).No.43018 of 2011 JUDGMENT: The appellant/Insurance Company ﬁled this appeal challenging the award, dated 13-01-2011, passed in O.P.No.121 of 2009 by the Motor Accidents Claims Tribunal-cum-III Additional Chief Judge, City Civil Court, Hyderabad, wherein the Tribunal allowed the said O.P. with costs awarding compensation of Rs.5,88,000/- along with interest @ 7.5% per annum. Duri ng pendency of this appeal, the appellant/insurance company and the respondents/claimants, who are wife and children of the deceased Pukraj Jhat @ Pukraj Chowdary, have settled the matter and entered into memorandum of compromise under the following terms:- (i) Respondents 1 to 5 herein agreed to forego Rs.60,000/- out of the total compensation of Rs.5,88,000/- awarded by the Tribunal and agreed to receive Rs.5,28,000/- with interest at 7.5% on the said amount from the date of petition till the date of realization and proportionate costs of Rs.7,302/- (ii) Respondents 1 to 5 herein further agreed that the amount of Rs.60,000/- reduced in the award shall be reduced equally i.e., Rs.12,000/- each, from their respective shares. (iii) Respondents 1 to 5 undertake that they will not proceed against the appellant Insurance Company and respondent No.6 who is the owner of the vehicle for the foregone amount of Rs.60,000/- with interest. (iv) The appellant Insurance Company agreed for payment of Rs.5,28,000/- with interest at 7.5% per annum from the date of petition till the date of realization together proportionate costs of Rs.7,302/-. (v) Both the parties agreed that the decree and order of the Tribunal stands good in all other respects except reduction of Rs.60,000/-. In view of the above compromise arrived at between the appellant/Insurance Company and the respondents/claimants, M.A.C.M.A.M.P.No.4849 of 2011 and M.A.C.M.A.(Sr.).No.43018 of 2011 are disposed of in terms thereof. The appellant/Insurance Company, as agreed between the parties, shall pay entire compensation to the respondents/claimants within a period of four weeks from today. On such deposit, respondents 1 to 5 are permitted to withdraw their respective shares forthwith. There shall be no order as to costs. __________ 11-11-2011 Prv