Search Results for "Multiplier method"

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Bombay High Court Partially Allows MSRTC Appeal and Claimants' Cross-Objection in Motor Accident Claim — Future Prospects Not Applicable to Deemed Income of Student. Notional Income of Deceased Student Determined at Rs. 10,000 Per Month with 40% Deduction for Personal Expenses.

The case arises from a motor accident claim petition filed by the parents and sister of a 20-year-old male student who died in a road accident. The de...

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Bombay High Court Allows Appeal for Enhanced Compensation in Motor Accident Claim - Deceased Pan Shop Owner's Income Assessed at Rs.6,000 per Month with Multiplier of 18. Negligence of Driver Established; No Contributory Negligence; Compensation Enhanced to Rs.5,00,000.

The appeal arises from a judgment and award dated 2.1.2006 passed by the Motor Accident Claims Tribunal, Wardha in M.A.C.P. No.49 of 2003. The claiman...

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High Court of Karnataka Dismisses Insurance Company's Appeal and Partly Allows Claimants' Appeal in Motor Accident Claim — Negligence of Deceased Rider Established but Compensation Enhanced. Future Prospects, Multiplier, and Conventional Heads Recalculated as per Pranay Sethi and Sarla Verma.

The case arises from a motor accident that occurred on 20.06.2016, when the deceased Yashawant Dafale was riding a motorcycle bearing registration No....

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High Court of Karnataka Enhances Compensation for Death of Babulal Jainapur in Road Traffic Accident — Multiplier Corrected from 13 to 14 and Future Prospects Added. Claimants awarded Rs.24,52,500/- with interest at 6% per annum under Motor Vehicles Act, 1988.

The appeal was filed by the claimants, who are the mother, wife, and two children of the deceased Babulal Jainapur, seeking enhancement of compensatio...