PREETHA KRISHNAN & ORS. versus THE UNITED INDIA INSURANCE CO. LTD. & ORS.
A split multiplier is not to be adopted as a matter of course and is a concept foreign to the Motor Vehicles Act, 1988; compensation must be calculated on the basis of the income as on the date of death and split multiplier can only be used in exceptional circumstances with such circumstances recorded; ordinary superannuation/retirement does not constitute such an exceptional circumstance, and Pranay Sethi directives (including enhancement under conventional heads) must be followed; accordingly the Tribunal award is modified to reflect these principles and the compensation is enhanced to Rs.4…
Source excerpt
- Split multiplier
- Calculation of compensation
- Future prospects
- Multiplier application
- Superannuation and retirement