Ranbir Singh And Others vs Karnail Singh And Others on 7 April, 2010
"As a result of above discussion, present petition is
accepted with costs and a sum of Rs.6,58,000/- is awarded as
compensation on account of death of Munish, which shall be
paid by respondents No.1 to 3 jointly and severally along with
interest @ 7.5% per annum from the date of filing of petition
till its realisation. It is ordered that out of the awarded amount
of compensation, petitioner No.1 (widow) shall be entitled to
receive 55% whereas 15% each shall go to petitioners No.2 to 4
(son and parents). It is further ordered that on realisation, out of
the awarded amount of compensation, a sum of Rs.50,000/-
shall be paid in cash to petitioner No.1 and a sum of
Rs.20,000/- each shall be paid in cash to the petitioners No.3
and 4 to tide over the financial crisis whereas in view of the law
laid down by Hon'ble Supreme Court of India in case Suraj
Bhan versus Sat Pal Singh and others 1997(3) PLR 78 (SC)
remaining amount of their share together with interest shall be
deposited in their respect names in fixed deposit scheme of any
nationalised bank fetching maximum interest for a period of
three years. The entire amount of compensation of petitioner
No.2 (minor) together with interest shall be deposited in his
name in a fixed deposit scheme of any nationalised bank
fetching maximum interest for the period till he attains the age
CR No.2005 of 2010 (O&M) -3 -
of majority."