National Insurance Co.Ltd v. Avi Konra and Ors.
Case brief
What is this about?
Fatal motor accident claim u/S 166 MV Act 1988; notional income of self-employed 'fish seller'; fiscal index 2008; monthly income fixed Rs. 4,000/- (tribunal Rs. 5,000/-; claimed Rs. 9,000/-); deduction of one-fourth personal expenses; 40% future prospects; multiplier 15; non-pecuniary damages Rs. 77,000/-; award modified from Rs. 11,05,000/- to balance Rs. 8,33,000/-; interest 6% p.a. from date of filing till realisation; deposit of Rs. 15,39,133/- adjusted by Registrar General; accrued interest apportioned between claimants and insurer; National Insurance Co. v. Pranay Shetty, 2017(4)TAC 673(SC) applied; FMA 562 of 2023 with COT 76 of 2023 disposed of; Calcutta High Court; Ananya Bandyopadhyay, J.
What did the court decide?
Impugned award of Rs. 11,05,000/- modified on notional monthly income of Rs. 4,000/- (less one-fourth personal expenses, 40% future prospects, multiplier 15); balance of Rs. 8,33,000/- with 6% per annum interest from date of filing till realisation payable to the claimants out of the deposited Rs. 15,39,133/-; Registrar General to disburse in the proportions of the impugned judgment subject to ad valorem court fees; surplus and balance accrued interest refunded to the insurance company.