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Showing contexts for: single parent in Lakshminarayanappa @ Moogappa vs M/S Royal Sundaram Allianz Ins Co Ltd on 12 September, 2024Matching Fragments
NC: 2024:KHC:38401 awarded for a single parent of a child below 15 years of age.
awarded for both parents of a child below 15 years of age.
awarded for a single parent of a child aged between 15 and 18 years.
awarded for both parents of a child aged between 15 and 18 years.
13. Safeguards to ensure financial security to the 70 parents of a deceased minor child.
89. It is to be stated here that in cases where there is only one surviving parent, on account of non-pecuniary loss, a sum of only Rs. 1,00,000/- will have to be paid on account of loss of love and affection.
90. For ease of reference, the compensation payable by adopting the notional income (after adding inflation), deducting 1/3rd towards personal expenses and then applying the appropriate multiplier, and thereafter after adding Rs. 1,00,000/- towards the loss of affection component for a SINGLE parent is stated in the tabular column below i.e., in Table 1.4.
103. A ready reckoner of the sums payable to a single parent as well as both parents who has/have lost a minor child aged below 15 years of age in a motor vehicle accident for an accident occurring in each year from 1994 till date is provided in Tables 3.1 and 3.2 respectively:
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NC: 2024:KHC:38401 Table - 3.1 FOR MINORS BELOW 15 YEARS WITH A SINGLE PARENT A B C D ST ND YEAR 1 METHOD* 2 METHOD AVERAGE OF ('15' multiplier) THE 1ST& 2ND METHODS 1994 3,10,000 - 3,10,000 1995 3,31,465 - 3,31,465 1996 3,52,225 - 3,52,225 1997 3,70,510 4,00,000 3,85,255 1998 4,06,075 4,52,600 4,29,338 1999 4,20,895 4,74,506 4,47,701 2000 4,33,795 4,93,581 4,63,688 2001 4,46,350 5,12,140 4,79,245 2002 4,61,275 5,34,213 4,97,744 2003 4,75,045 5,54,566 5,14,806 2004 4,89,145 5,75,418 5,32,282 2005 5,05,630 5,99,816 5,52,723 2006 5,30,620 6,36,764 5,83,692 2007 5,58,115 6,77,390 6,17,753 2008 5,96,170 7,33,681 6,64,926 2009 6,49,855 8,13,065 7,31,460 2010 7,16,455 9,11,528 8,13,992 2011 7,71,055 9,92,289 8,81,672 2012 8,33,410 10,84,473 9,58,942 2013 9,13,480 12,02,897 10,58,189 2014 9,65,305 12,79,522 11,22,414 2015 10,16,185 13,54,757 11,85,471 2016 10,61,620 14,21,953 12,41,787 2017 10,85,560 14,57,360 12,71,460 2018 11,33,380 15,28,042 13,30,711
104. A ready reckoner of the sums payable to a single parent as well as both parents who has/have lost a minor child aged above 15 years but below 18 years of age in a motor vehicle accident for an accident occurring in each year from 1994 till date is as given in Tables 3.3 and 3.4 respectively as follows:
Table - 3.3 FOR MINORS OF AGE 15-18 YEARS WITH A SINGLE PARENT A B C D YEAR 1ST METHOD 2ND AVERAGE OF THE ('18' multiplier) METHOD 1ST& 2ND METHODS 1994 3,52,000 - 3,52,000