SRI MALAKAPPA & ORS. versus THE IFFCO TOKIO GENERAL INSURANCE COMPANY LIMITED & ANR.
Court affirmed High Court finding that the accident was caused by rash and negligent driving; retained the Tribunal's income determination at ₹7,000 (no challenge) but accepted High Court enhancement to ₹8,000 was not allowed since no appeal, applied future prospects at 40% for a self-employed person aged 35 with multiplier 16, held husband was at least partially dependent so deduction for personal expenses fixed at 1/4th, awarded medical and other conventional heads and awarded loss of consortium to spouse and children, resulting in total compensation of ₹17,84,766.
Source excerpt
- Death
- Compensation
- Multiplier
- Deduction for personal expenses
- Future prospects
- Loss of consortium