The deceased was 35 years old, therefore, an addition of 50% has to be made. After making an addition of 50%, the income would come to Rs.3,600/- per month. Making a deduction of 1/4th , the amount available for the family would be Rs.2,700/- per month. The annual contribution would come to Rs.32,400/- and after applying the multiplier of 16, the compensation would work out to Rs.5,18,400/-. Since the death had taken place in the year 2004, a sum of Rs.50,000/- should be added towards loss of consortium, Rs.50,000/towards loss of love and care for the children and Rs.10,000/- towards funeral expenses. The total compensation would come to Rs.6,28,400/-. Out of this amount, a sum of Rs.3,50,600/- already awarded by the Tribunal shall be deducted. The remaining amount would be payable to the appellants along with interest @ 7% per annum from the date of institution of petition till realization. The amount shall be paid by the respondents jointly and severally. The amount would be shared by the appellants in the same ratio as allowed by the Tribunal. The share of the minors shall be deposited in the nationalised bank till they attain majority.
