Meenakshi vs The Oriental Insurance Co. Ltd

The Supreme Court addressed the appeal against the Karnataka High Court's decision that reduced the compensation awarded under the Motor Vehicles Act, 1988. The Court upheld the principles established in Sarla Varma v. Delhi Transport Corporation regarding the calculation of loss of dependency and future prospects, affirming that the multiplier method should be applied based on the age of the deceased. The Court ultimately restored the original compensation amount of ₹ 1,04,01,000, including interest at 6% per annum, as awarded by the Accident Claims Tribunal.