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Oriental Insurance Co. Ltd vs Deo Patodi & Ors on 12 May, 2009

p.m., i.e., Rupees 3,00,000/- p.a. Future, deducting 1/3rd of the annual income towards personal expenses as per Oriental Insurance Company Ltd., V. Deo Patodi and Ors., and applying the appropriate multiplier of 13, keeping in mind the age of the parent of the deceased, as per the guidelines laid down in Sarla Verma case (Supra), we arrive at a total loss of dependency at Rupees 26,00,000/- (Rupees 3,00,000/- minus 1/3 X Rupees 3,00,000/-) X 13).
Supreme Court of India Cites 13 - Cited by 118 - S B Sinha - Full Document
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