Daisy, v. Oriental Insurance Co. Ltd.
Case brief
What is this about?
MACA No.195 of 2021; High Court of Kerala, Ernakulam; decided 07.04.2025 by Easwaran S., J.; fatal motor accident claim; Oriental Insurance Co Ltd; quantum enhancement; notional income fixation; income fixed at Rs.18,000/- p.m.; 40% future prospects; dependency multiplier 17, deduction 1/4 (3/4); Angad Tiwari v. National Insurance Co.; Pranay Sethi 20% conventional heads; N. Jayasree v. Cholamandalam MS; Saroj v. IFFCO; Rojalini Nayak v. Ajith Sahoo; Kerala G.O.(P) No.56/2017/Fin and G.O.(P) No.71/2019/Labour wage notifications; consortium Rs.48,000 x 5; enhanced compensation Rs.12,39,100/-; 8% interest from date of petition; proportionate cost; deposit within two months.
What did the court decide?
Appeal allowed: enhanced compensation of Rs.12,39,100/- payable to the appellants with 8% interest per annum from the date of petition till realisation, with proportionate cost; insurance company directed to deposit the amount within two months of receipt of a copy of the judgment.