Document Fragment View
Fragment Information
Showing contexts for: paragon polymer in The New India Assurance Company ... vs Dilipbhai Vallabhbhai Prajapati on 8 October, 2018Matching Fragments
4.2 It was the case of the original claimants that the deceased was working in Paragon Synthetic Polymers Co. Ltd. and was drawing salary of Rs.6,000/. The respondent no.3 herein, the original claimant was examined at exhibit 13 and the original claimants also examined their own witness at exhibit 32 to buttress their case as far as monthly income is concerned. The Tribunal considered the evidence on record and more particularly the evidence adduced by the original claimants by way of oral deposition of their witness at exhibit 35, income certificate at exhibit 38, letter of appointment at exhibit 30, came to the conclusion that the gross salary of the deceased was Rs.5,995/ per month and the net salary was Rs.5,975/ and as per the school leaving certificate at exhibit 26, the deceased was aged 24 years old, gave benefit of increase in income to the extent of 40% and as the deceased was a bachelor, deducted 1/2 and applied multiplier of 18 and granted Rs.9,03,420/ under the head of loss of dependency. The Tribunal following the judgment of the Apex Court in the case of National Insurance Company Ltd. Vs. Pranay Sethi, reported in 2017 (16) SCC 680 granted compensation under the conventional head to the tune of Rs.30,000/ being 15,000/ as funeral expenses and Rs.15,000/ under the head of loss of estate. Over and above that, the Tribunal also awarded a sum of Rs.2,39,600/ as medical expenses and thus, granted total compensation of Rs.11,73,020/ with 9% interest and proportionate costs. The Insurance Company being aggrieved by the aforesaid judgment and award has preferred this appeal.
(viii) Reasonable figures on conventional heads, namely, loss of estate, loss of consortium and funeral expenses should be Rs. 15,000/, Rs. 40,000/ and Rs. 15,000/ respectively. The aforesaid amounts should be enhanced at the rate of 10% in every three years."
9. While examining the case on hand, the deposition of witness at exhibit 35 as well as income certificate at exhibit 38 clearly spells out that the deceased had a permanent job on monthly salary in Paragon Synthetic Polymers Co. Pvt. Ltd. and therefore, as per the ratio laid down by the Apex Court in the case of Pranay Sethi (supra), the respondents original claimants would be entitled to increase in income by way of prospective income to the extent of 50% and and not 40% as awarded by the Tribunal.