Regional Manager the New India Assurance Company Limited v. Smt Sehnaj W/O Late Shri Mohammad Salim
Case brief
What is this about?
Cross motor accident compensation appeals over a fatal truck accident. The court deducted non-business income from annual income, applied 25% future prospects and multiplier 14, and recomputed dependency loss at Rs 76,66,792, reducing total compensation from Rs 1,00,65,820 to Rs 80,56,792.
What did the court decide?
Claimants' CMA 730/2024 dismissed; insurer's CMA 441/2024 partly allowed; award reduced to Rs 80,56,792; FD balance released with interest.