Case brief
What is this about?
MFA (MV-D) S.173(1) MV Act; fatal road accident 19.10.2012; death of 6-year-old boy Master Saqib Pasha on 20.12.2012; compensation enhancement by parents; notional income Rs.7,000 p.m. per KSLSA chart; multiplier 15; Sarla Verma (2009) 6 SCC 121; 40% future prospects; 50% personal expenses deduction; filial consortium Rs.40,000 per parent; conventional heads Rs.30,000; Magma General Insurance v. Nanu Ram (2018) 18 SCC 130; New India Assurance Co Ltd respondent; MACT Bengaluru MVC No.1248/2013 award dated 26.02.2015; enhancement Rs.3,60,000 to Rs.9,92,000; enhanced Rs.6,32,000 with 6% interest; appeal allowed; award modified; High Court of Karnataka; Justice P Sree Sudha.
What did the court decide?
Appeal allowed; impugned judgment and award dated 26.02.2015 in M.V.C.No.1248/2013 modified; compensation enhanced from Rs.3,60,000/- to Rs.9,92,000/-; insurer to deposit enhanced Rs.6,32,000/- with interest @ 6% within one month; parents permitted to withdraw the entire deposited amount with accrued interest equally.