J.R. Midha, J. - (1.) THE total amount awarded to the claimants is Rs. 9,40,000/ - along with interest @ 6% per annum from the date of filing of the petition before the learned Tribunal. The claim petition was instituted on 3 June, 2006 and the interest on the award amount of Rs. 9,40,000/ - from the date of filing of the petition i.e. 3 June, 2006 calculated upto 2nd July, 2009 would be to the tune of Rs. 1,73,900/ -. The total award amount along with interest would depend upon the date of deposit of the award amount. However, taking the date of deposit as 2nd July, 2009, the total award amount along with interest would be Rs. 11,13,900/ -. The share of the respondents in the said amount shall be as under: Claimants/respondents No. 2 to 6 - Rs. 1,00,000/ - each. Claimant/respondent No. 1 - Remaining amount
(2.) THE appellant is directed to deposit a cheque for Rs. 9,50,000/ - directly with the UCO Bank, A/c Geeta Devi, Delhi High Court Branch, New Delhi. The remaining amount be paid to claimant/respondent No. 1 by means of a cheque on the next date of hearing i.e. 8th July, 2009. Uco Bank has agreed to open a Special Fixed Deposit Account for the victims of road accidents.
(3.) THE aforesaid amount of Rs. 9,50,000/ - shall be kept by the UCO Bank in the fixed deposit in the following manner: (i) Rs. 4,50,000/ - in the name of the claimant/respondent No. 1, Geeta Devi (widow) aged about 31 years initially for a period of ten years, to be renewed for a further period of ten years. (ii) Rs. 1,00,000/ - in the joint names of Geeta Devi and Master Roshan (son) aged about 16 years for a period of 4 years; (iii) Rs. 1,00,000/ - in the joint names of Geeta Devi and Baby Nisha (daughter) aged about 13 years for a period of 7 years. (iv) Rs. 1,00,000/ - in the joint names of Geeta Devi and Master Gaurav (son) aged about 9 years for a period of 11 years. (v) Rs. 1,00,000/ - in the joint names of Geeta Devi and Baby Pooja (daughter) aged about 7 years for a period of 10 years, to be renewed for a further period of three years. (vi) Rs. 1,00,000/ - in the joint names of Geeta Devi and Master Sumeet (son) aged about 5 years for a period of 10 years, to be renewed for a further period of five years.;