Bombay High Court Dismisses Insurer's Appeal in Motor Accident Claim — Upholds Compensation Based on Actual Income Under Section 163A of Motor Vehicles Act, 1988. The court held that the structured formula under Section 163A read with Schedule II is mandatory but actual income of the deceased must be used for computation, not notional income.
17 Sep 2013The appellant, The Oriental Insurance Co. Ltd., challenged the judgment and award dated 18 November 2009 passed by the Motor Accident Claims Tribunal,...




