Bombay High Court Allows Appeal and Enhances Compensation for Death of Minor Student in Motor Accident — Applies Multiplier Method and Recognizes Future Loss of Dependency. The court held that for a 14-year-old student, notional income of Rs. 15,000/- per annum and multiplier of 15 should be applied under the Motor Vehicles Act, 1988, enhancing compensation from Rs. 50,000/- to Rs. 2,25,000/-.
9 Jan 2014The appeal arises from a judgment and order dated 25th September 2001 passed by the Motor Accident Claims Tribunal, Nagpur, in Claim Petition No. 432 ...




