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1REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL APPELALTE JURISDICTION SPECIAL LEAVE PETITION (CIVIL) NO. 25590 OF 2014 National Insurance Company LimitedPetitioner(s)Versus Pranay Sethi and Ors.Respondent(s) WITHSpecial.

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How much compensation one can expect? If a driver is involved in an accident in India and if it caused victim's death then, a minimum of INR 50,000/- and if permanent disablement is caused then, a minimum of INR 25,000/- must be paid as compensation. A claims tribunal can pay even more after considering the case.

vs. Delhi Transport Corporation (2009) 6 SCC 121, the bench observed: In fact, in column No. 4 of the table in Sarla Verma's case the highest multiplier is '18' and it is shown applicable to two age groups; firstly, to the age group of 15 to 20 years and secondly, to the age group of 21 to 25 years.

It involves determining the financial loss, selecting a multiplier based on the expected duration of support, and calculating the appropriate capital sum to cover the annual support during that period. This ensures that the compensation adequately reflects the loss of dependency and is fair to the affected parties.

Pranay Sethi and Ltd., 2017 SCC OnLine SC 1270'. As per the said judgment, reasonable figures on conventional heads, namely, loss of estate and funeral expenses should be Rs. 15,000/- each. As such, the compensation awarded under different heads is excessive, arbitrary and unjust.

In Pranay Sethi, this Court held that the age of the deceased is the 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 15% in respect of a deceased between the age of 50 to 60 years. 8.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232