Supreme Court Allows Appeal in Motor Vehicles Act Case — Adjusts Compensation Amount and Interest Rate. Citing the appropriate multiplier for compensation calculation as 12, the court recalibrated the total entitlement to Rs. 6,00,000/- and adjusted the interest rate to 7.5%....
The case involved an appeal by the Tamil Nadu State Transport Corporation against a decision of the Madras High Court, which had dismissed their appeal regarding compensation awarded for the death of ...




