Supreme Court of India · 2002-04-16
Smt. Supe Dei And Ors. vs National Insurance Co. Ltd. And Anr.
- Citation / case number
- AIRONLINE 2002 SC 205
- Court
- Supreme Court of India
- Petitioner
- Smt. Supe Dei And Ors.
- Respondent
- National Insurance Co. Ltd. And Anr.
- Bench
- D.P. Mohapatra, Brijesh Kumar, D.M. Dharmadhikari
Judgment text excerpt
The Supreme Court held that in determining compensation under Section 166 of the Motor Vehicles Act, the multiplier of 17 should be applied, as it serves as a guideline despite not being directly applicable under Section 163A. The Court found that the tribunal and High Court failed to provide justification for using a multiplier of 15, thus modifying the compensation order. Additionally, the Court reaffirmed that an interest rate of 9% per annum is appropriate for motor accident compensation cases, applicable from the date of filing the claim petition until realization.