Supreme Court of India · 2024-03-06
Vethambal vs The Oriental Insurance Company
- Citation / case number
- 2024 INSC 180
- Court
- Supreme Court of India
- Petitioner
- Vethambal
- Respondent
- The Oriental Insurance Company
- Author
- Rajesh Bindal
- Bench
- Rajesh Bindal, C.T. Ravikumar
Judgment text excerpt
The Supreme Court addressed the appeal against the High Court's reduction of compensation awarded by the Motor Accident Claims Tribunal under the Motor Vehicles Act, 1988. The Court held that the High Court erred in reducing the deceased's monthly income from ₹50,000 to ₹20,000, emphasizing the need for a fair assessment of loss of income for the dependants. The Court restored the Tribunal's compensation amount of ₹51,64,550, including interest, thereby reaffirming the principle that the loss of a sole breadwinner significantly impacts the family.