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SC Enhances Compensation for Death of 14-Year-Old in Motor Accident

Case Law Details

Case Name
Devendra Kumar Tripathi & Ors. Vs The Oriental Insurance Company Ltd. & Anr. (Supreme Court of India)
Date of Judgement/Order
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Devendra Kumar Tripathi & Ors. Vs The Oriental Insurance Company Ltd. & Anr. (Supreme Court of India) SC enhances compensation for death of 14-year-old: Minimum wages, 40% future prospects & multiplier 15 applied .The Supreme Court  enhanced compensation payable to parents for the death of their 14-year-old son in a motor accident. The Tribunal had awarded a meagre ₹1.29 lakh, which the High Court enhanced to ₹4.70 lakh. The Apex Court held that notional income should be assessed on the basis of minimum wages applicable to a Class-B city, i.e. ₹5,400 per month, with addition...
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Author Info

CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,641

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