VidhiSangh

Supreme Court of India · 19/01/2018

SHRI NAGAR MAL AND ORS. versus THE ORIENTAL INSURANCE COMPANY LTD. AND ORS.

[2018] 1 S.C.R. 283 · 2018 INSC 42

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Summary

The Supreme Court increased compensation for a deceased bachelor pursuing chartered accountancy to Rs. 8,86,800. It retained the tribunal’s Rs. 6,000 monthly income because higher-income certificates were unproved, but added 40% future prospects and applied multiplier 17 as expressly directed in the judgment. Dependency was Rs. 8,56,800, with Rs. 15,000 each for estate loss and funeral expenses. Interest was fixed at 7.5% from the claim petition until realization.

Issues

  1. Whether unproved income certificates, omission of future prospects and use of parental age justified revising the award.

Held

Result

Appeal allowed; compensation enhanced to Rs. 8,86,800 with 7.5% annual interest from the claim petition until realization. No costs.

Judgment PDF: Supreme Court of India, [2018] 1 S.C.R. 283.