Shri Nagar Mal vs The Oriental Insurance Company Ltd

The Supreme Court held that the Motor Accident Claims Tribunal's assessment of the deceased's income at Rs. 6,000/- was justified due to lack of proof for higher income claims. However, the Court found merit in the appellants' arguments regarding the application of the correct multiplier and the omission of future prospects in calculating compensation. The Court established that the appropriate multiplier should be 17, based on the age of the deceased, and an addition of 40% for future prospects should be included, thereby modifying the compensation awarded by the Tribunal.