Dhanam v. the Managing Director
Case brief
What is this about?
Appeal seeking enhancement of compensation for death in a road accident involving a Metropolitan Transport Corporation vehicle. The court fixed notional income at Rs.14,100/- using the CBDT cost of inflation index per a Division Bench precedent, added 40% future prospects and applied multiplier 15, enhancing total compensation from Rs.15,12,500/- to Rs.19,03,100/- with interest at 7.5%.
What did the court decide?
Compensation enhanced from Rs.15,12,500/- to Rs.19,03,100/- with 7.5% interest from date of petition till deposit; respondent directed to deposit within six weeks.