New India Assurance Company Ltd vs Smt. Shanti Pathak And Ors

The Supreme Court upheld the compensation awarded under Section 173 of the Motor Vehicles Act, 1988, affirming the application of a multiplier based on the age of the deceased rather than the claimants. The Court modified the compensation amount to Rs.2,10,000 with interest at 7.5% per annum, considering the age of the deceased and the monthly contribution. In a related appeal, the Court adjusted the multiplier to 8 for a 52-year-old deceased, resulting in a total compensation of Rs.7,73,500, maintaining the interest rate set by the Tribunal.