Case brief
What is this about?
Enhancement of motor accident compensation; High Court of Karnataka; MFA 8615/2014 & MFA 3923/2014; MVC No.3045/2012 MACT Bengaluru; Tata AIG General Insurance liability upheld; permanent disability 5% whole body; monthly income Rs.28,198 per Ex.P12 income-tax return; multiplier 16 at age 34; loss of future income due to disability Rs.2,70,700; laid-up period 2.5 months Rs.70,500; total compensation enhanced Rs.5,47,500 to Rs.5,86,200 with interest 6% p.a.; claim petition under Section 166 MV Act 1989; appeal under Section 173(1) MV Act; insurer's appeal dismissed.
What did the court decide?
MFA No.8615/2014 (claimant) allowed-in-part and MFA No.3923/2014 (Insurance Company) dismissed. Tribunal's judgment and award in MVC No.3045/2012 dated 05.04.2014 modified: claimant entitled to total compensation of Rs.5,86,200/- with interest @ 6% p.a. from the date of petition till realization; Insurance Company to deposit the compensation with accrued interest within eight weeks; amount in deposit with accrued interest to be transmitted to the Tribunal; Registry to transmit TCR with copy of judgment to the Tribunal forthwith; no order as to costs.