Supreme Court of India · 2008-02-14
Oriental Insurance Company Ltd vs Jashuben & Ors
- Citation / case number
- AIR 2008 SUPREME COURT 1734
- Court
- Supreme Court of India
- Petitioner
- Oriental Insurance Company Ltd
- Respondent
- Jashuben & Ors
- Author
- S.B. Sinha
- Bench
- S.B. Sinha, V.S. Sirpurkar
Judgment text excerpt
The Supreme Court upheld the compensation awarded under the Motor Vehicles Act, emphasizing that the Tribunal correctly assessed the deceased's income by considering future salary revisions. The Court noted that the loss of dependency was rightly calculated based on the deceased's potential earnings at the time of his retirement, leading to a total compensation of Rs. 16,43,340/-, including interest at 12%. The judgment reinforced the principle that future salary revisions can be factored into compensation calculations for wrongful death claims.