Supreme Court of India · 2008-02-14
ORIENTAL INSURANCE COMPANY LTD. vs JASHUBEN .
- Citation / case number
- SC 2007/6739
- Court
- Supreme Court of India
- Petitioner
- ORIENTAL INSURANCE COMPANY LTD.
- Respondent
- JASHUBEN .
- Author
- V.S. SIRPURKAR S.B. SINHA
- Bench
- V.S. SIRPURKAR S.B. SINHA
Judgment text excerpt
The Supreme Court upheld the compensation awarded under the Motor Vehicles Act, determining that the Tribunal correctly calculated the deceased's income based on future earnings and applied a multiplier of 16. The Court affirmed the total compensation amount of Rs. 16,43,340, which included dependency loss, gratuity, and funeral expenses, along with interest at 12%. The judgment emphasized the need for fair compensation in cases of wrongful death due to negligence, as per the principles established under the Motor Vehicles Act.