Reliance General Insurance Company Ltd vs Shalu Sharma

The Supreme Court upheld the compensation awarded by the Motor Accident Claims Tribunal, affirming the principle established in National Insurance Company Limited v Pranay Sethi regarding future prospects for self-employed individuals. The Court determined that an addition of 25% to the deceased's income was warranted instead of the 30% initially computed by the Tribunal, leading to a revised total compensation of Rs 27,66,522 with interest at 9% per annum. The Court clarified the method of calculating loss of dependency and conventional heads of loss, ensuring the claimants received just compensation.