Supreme Court of India · 2014-04-23
Ramilaben Chinubhai Parmar & Ors vs M/S National Insurance Co. & Ors
- Citation / case number
- AIRONLINE 2014 SC 276
- Court
- Supreme Court of India
- Petitioner
- Ramilaben Chinubhai Parmar & Ors
- Respondent
- M/S National Insurance Co. & Ors
- Author
- N.V. Ramana
- Bench
- N.V. Ramana, Ranjan Gogoi, P. Sathasivam
Judgment text excerpt
The Supreme Court held that the High Court erred in reducing the compensation awarded by the Motor Accident Claims Tribunal from Rs. 22,10,000 to Rs. 13,90,000, as it failed to consider the deceased's potential earning capacity and future prospects. The Court emphasized that the multiplier should reflect the age and service potential of the deceased, and reinstated the Tribunal's calculation of Rs. 22,10,000 with interest at 9% p.a. The judgment underscores the importance of considering future earnings in compensation for loss of dependency under the Motor Vehicles Act.