S.Venkatasubrmanian v. Canara Bank
Case brief
What is this about?
In a miscellaneous appeal challenging compensation awarded by a Motor Accident Claims Tribunal, this Court held that the postmortem age of the deceased was inconsistent with the claimants' ages. The Court recalculated the compensation by reducing the multiplier and future prospects, reducing the award from Rs. 9,52,500 to Rs. 4,44,600.
What did the court decide?
The compensation award of Rs. 9,52,500 is reduced to Rs. 4,44,600 including interest at 7.5% per annum.