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february 2018

Supreme Court of India · 2018-02-23

New India Assurance Co. Ltd vs Vinish Jain And Ors Etc Etc

Citation / case number
AIRONLINE 2018 SC 605
Court
Supreme Court of India
Petitioner
New India Assurance Co. Ltd
Respondent
Vinish Jain And Ors Etc Etc
Author
Deepak Gupta
Bench
Deepak Gupta, Madan B. Lokur

Judgment text excerpt

The Supreme Court dismissed three special leave petitions under the Motor Vehicles Act concerning compensation for the deaths of Alok Jain, Kalpana Jain, and A.P. Jain. The Court held that variations in compensation within permissible limits, as established in National Insurance Co. Ltd. v. Pranay Sethi, do not warrant interference. The Court adjusted the compensation for A.P. Jain, reducing it to Rs. 9,81,250 with interest, citing the need for a 50% deduction due to the claimants' financial independence.

New India Assurance Co. Ltd vs Vinish Jain And Ors Etc Etc · Niyam