The Manager the Cholamandalam Ms General Insurance Co. Ltd., v. Radhika and Ors.
Case brief
What is this about?
Motor accidents claims tribunal appeal, High Court of Karnataka; insurance company versus claimants; death in road traffic accident; rash and negligent driving; loss of dependency computation; only professional tax and income tax deductible from gross salary; Supreme Court decision paragraph 2 extracted; 15% future prospects; multiplier for age group; three dependents; loss of spousal consortium to wife; loss of parental consortium to son and daughter; loss of estate; funeral expenses; judgment of Tribunal modified; total compensation refixed; deposit with 6% p.a. interest till realization within six weeks; apportionment per Tribunal award; monetary figures, party names and cited case names illegible in source (OCR corruption).
What did the court decide?
Modification of the Claims Tribunal's judgment and award with refixation of the claimants' total compensation (figures illegible in the source); direction to the insurance company to deposit the compensation amount with interest at 6% p.a. from the date of filing of the claim petition till the date of realization, within six weeks of receipt of a copy of the judgment; apportionment, deposit and release in accordance with the terms of the Tribunal's award; amount in deposit, if any, to be transferred to the Tribunal. The operative disposal line (order (a)) is illegible in the source, so the precise disposition (allowed / partly allowed) cannot be stated.