Nasima Begum vs Keramat Ali And 3 Ors on 9 April, 2019
In the case Khusboo Chirania @ Kanta Chirania v. Kamal Kumar
Sovasaria, reported in 2018 0 Supreme (Gau) 966 and in the case of Nasima Begum
v. Keramat Ali, reported in 2019 0 Supreme (Gau) 507, this Court has stated no interest
on future prospects should be given. Though no reason has been enunciated in the above
judgments, the reason for the same seems to be due to the fact that future prospects is
relatable to an income to be received in the future and as such, there could not be any loss
to the claimant for the payment of future prospects, at the time the deceased met with the
accident. The reason for awarding interest on the compensation amount, minus the future
prospects is due to the fact that though the loss of dependency starts from the date of the
accident and the compensation amount is computed on the date of the Award of the
Tribunal, interest is awarded to compensate the loss of money value on account of lapse of
time, such as time taken for the legal proceedings and for the denial of right to utilize the
money when due. However, future prospects is with regard to the probable income to be
received in the future and as such there is no requirement to compensate the claimant by
way of future interest, for the loss that is to occur in the future, as the future is yet to
happen. Further, future prospects is given for the entire future and as such, the claimant is
getting compensation in a lumpsum under future prospects prior to the occurrence of future
event. Thus, with regard to future prospects, this Court is also of the view that there cannot
be any interest on future prospects, as the same relates to an income to be given in the
future.