New India Assurance Company v. Ranjeet Singh and 6 Others
Case brief
What is this about?
This first appeal challenged the Tribunal's compensation award in a motor accident claim. The Court held that the multiplier for a 19-year-old deceased should be 18 and the deduction for a bachelor should be one half. Interest was enhanced to 9%. The appeal and cross-objections were partly allowed with recalculated amounts.
What did the court decide?
Judgment and decree modified; interest rate set at 9%; recalculated compensation to be deposited/refunded by Insurance Company within 12 weeks.