Judgment : Mansoor Ahmad Mir, Chief Justice (oral) Mr. J.S Bagga, Advocate, stated at the Bar that he is under instructions to settle the claim by paying Rs.3,50,000/- in lump sum. On the other hand, Mr. Surinder Saklani, learned counsel for the appellants, stated that the claimants would be more than content in case a sum of Rs.5,00,000/- in lump sum, is granted in their favour, which amount they have claimed in the claim petition. Their statements are taken on record. 2. I have gone through the claim petition and the impugned award. Keeping in view the age of the deceased and the time spent by the claimants in contesting the claim petition as also the appeal before this Court, I deem it proper to award Rs.4,00,000/- in lump sum to the claimants. Ordered accordingly. The insurer is directed to deposit the compensation amount within six weeks from today in the Registry and on deposit, the same be released to the claimants, strictly as per the conditions contained in the impugned award. 3. The impugned award is accordingly modified as indicated hereinabove and the appeal, alongwith pending applications, if any, stands disposed of.