Supreme Court Modifies Compensation in Motor Accident Claim for Self-Employed Deceased by Applying Proper Future Prospects and Deduction Standards. The Court applied National Insurance Co. Ltd. v. Pranay Sethi to award 40% future prospects and one-third deduction for personal expenses under Sections 166 and 140 of the Motor Vehicles Act, 1988, recalculating compensation from Rs. 21,66,000 to Rs. 38,24,890.
7 May 2021The Supreme Court heard a civil appeal arising from a motor accident claim where the appellants sought compensation for the death of their mother in a...
