Rajendra Prasad Dabaral Alias Prasad and Ors. v. National Insurance Company Limited and Anr.
Case brief
What is this about?
The Calcutta High Court enhanced compensation awarded in a motor accident death case. The court applied the Pranay Sethi formula to increase the award from Rs. 6,09,500 to Rs. 8,57,500 while rejecting the insurer's objection regarding the interest calculation period.
What did the court decide?
Award enhanced to Rs. 8,57,500 with interest at 6% p.a. from 11.06.2018; insurer to transfer one-fourth share via NEFT within 15 days.