THE MANAGING DIRECTOR, TNSTC vs SRIPRIYA .

The Supreme Court upheld the decision of the Madras High Court dismissing the appeal of the Tamil Nadu State Transport Corporation against the compensation awarded by the Motor Accidents Claims Tribunal under Section 173 of the Motor Vehicles Act, 1988. The Court reiterated the principles for calculating compensation in fatal accident cases, emphasizing the need to assess the pecuniary loss suffered by dependants, and confirmed the use of a multiplier method for determining damages. The appeal was dismissed, affirming the Tribunal's award of Rs. 7,72,000/- with interest.