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National Insurance Co. Ltd vs Pranay Sethi on 31 October, 2017

35. Insofar as monthly income, though claimants have stated that deceased Sri. Hanamayya, aged 48 years working as agriculturist was earning Rs.2,50,000/- p.a., tribunal considered it at Rs.6,000/- notionally. Though same is not substantiated. As per norms adopted by Karnataka Legal Services Committee, for settlement of cases before Lok-adalat, notional income for year 2014 is assessed at Rs.7,500/-. Therefore, Rs.7,500/- has to be considered. Claimants are wife and four minor children i.e. five dependents. Deceased was self- employed. Therefore, as per ratio in National Insurance Co. Ltd. Vs. Pranay Sethi 3, multiplier applicable would be '13', addition of future prospects at '25%' and deduction towards personal expenses would be '1/4'. Thus, loss of dependency would be:
Supreme Court of India Cites 32 - Cited by 9815 - D Misra - Full Document
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