MACT presiding officer Dinesh Bhatt ordered Reliance General Insurance Company Limited, with which the offending vehicle was insured, to pay the sum within one month.
Victim Mohan Lal's wife had said he died after a rashly-driven car hit his scooter on June 28, 2011 near Miranda House college.
Surender Singh, the owner of the offending car, contested the plea saying the accident was not caused due to his negligence and Mohan was driving his vehicle in an inebriated condition.
The tribunal, however, rejected his arguments relying on the post-mortem report, as per which Mohan had died due to the blunt force impact caused by the accident.
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