Supreme Court of India
R. Valli & Ors v. Tamil Nadu State Transport Corporation Ltd.
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From the headnote
Motor Vehicles Act, 1988: Fatal accident – Compensation – Multiplier – Deceased was aged 54 years on the date of accident – Tribunal applied multiplier of 3 upto the date of superannuation and thereafter multiplier of 8 keeping in view the dependency of life for 10 years – High Court affirmed the order of Tribunal – On appeal, held: In Pranay Sethi, it was held that it is the age of the deceased which is basis for applying suitable multiplier and that the compensation is to be determined keeping in view the future prospects – The future prospects were held to be 15% in respect of a deceased…
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