Maharashtra State Road Transport Corporation. v. Smt.K.D.Luthriya and Ors.
Case brief
What is this about?
The Division Bench heard an appeal against a Motor Accident Claims Tribunal awarding Rs.2,92,200 compensation. The court reduced compensation to Rs.2,09,600 by adjusting the multiplier from 18 to 14 and removing loss of business allowance, and reduced interest from 12% to 9% citing 2001 ACJ 428.
What did the court decide?
Compensation reduced to Rs. 2,09,600 carrying interest at 9% p.a.; loss of business claim dismissed.