Smt Premalatha v. M/S Vivek Transport Co. Ltd.
Case brief
What is this about?
The High Court allowed the Motor Accident Compensation Appeal partly, modifying the award by increasing compensation to Rs.10,78,000/- with interest. The Court corrected the multiplier to 16 for a 33-year-old deceased, adjusted dependent shares to 1/4th, and added future prospects. It directed the insurance company to deposit the amount within eight weeks.
What did the court decide?
Compensation enhanced from Rs.6,30,120/- to Rs.10,78,00/- with interest at 6% per annum; judgment and award modified; deposit directed within eight weeks.