Supreme Court of India · 2014-04-23
RAMILABEN CHINUBHAI PARMAR vs M/S NATIONAL INSURANCE CO. .
- Citation / case number
- SC 2007/20329
- Court
- Supreme Court of India
- Petitioner
- RAMILABEN CHINUBHAI PARMAR
- Respondent
- M/S NATIONAL INSURANCE CO. .
- Author
- N.V. RAMANA
- Bench
- P SATHASIVAM,RANJAN GOGOI,N.V. RAMANA
Judgment text excerpt
The Supreme Court held that the High Court erred in reducing the compensation awarded to the claimants for the death of the sole breadwinner in a road accident. The Court reinstated the Tribunal's assessment of the deceased's monthly income at Rs.15,000 and applied a multiplier of 12, resulting in a total compensation of Rs.22,10,000 with interest at 9% p.a. The Court emphasized the importance of considering future earning potential and the young age of the deceased at the time of death.