M/s. United India Insurance Company Limited v. Varathammal
Case brief
What is this about?
Madras High Court, CMA No. 2626 of 2024 (decided 04.03.2026, C.V. Karthikeyan and K. Rajasekar, JJ.): insurer's appeal under Section 173 MV Act against M.C.O.P. No. 314 of 2018 award (III Additional District Judge, Villupuram @ Kallakurichi) of Rs. 83,23,729/- for fatal rear-end collision of 05.07.2018 near Veppur. Key points: negligence finding affirmed; income tax returns filed after death/claim petition (AY 2017-18 and 2018-19) rejected as filed to enhance claim; annual income adopted at Rs. 3,17,084/- (AY 2016-17); 25% future prospects; one-fourth personal expenses deduction; multiplier 14 for age 43 per Sarla Verma's case; no deduction for absence of helmet; compensation reduced to Rs. 43,51,724/- with 7.5% interest; appeal partly allowed; deposit within eight weeks; refund of excess deposit to insurer.
What did the court decide?
Appeal partly allowed; award of the Tribunal modified and compensation determined at Rs. 43,51,724/-. The appellant-insurer was directed to deposit the balance amount (less any amount already deposited) with interest at 7.5% per annum from the date of filing of the petition till date of deposit, within eight weeks; on such deposit the claimant may withdraw the award amount after adjusting amounts already withdrawn; if the appellant had deposited more than the amount determined, it is entitled to refund of the difference. No order as to costs.