National Insurance Company Ltd vs Indira Srivastava & Ors

The Supreme Court addressed the interpretation of 'income' for determining 'just compensation' under Section 168 of the Motor Vehicles Act, 1988. The Court held that only the basic pay should be considered for compensation calculations, excluding allowances such as conveyance reimbursement. The Court upheld the High Court's decision to award Rs.19,53,224/- as compensation, emphasizing the importance of net income over gross income in such determinations.