National Insurance Company Ltd vs Pranay Sethi Son Of Late Prashant Sethi ... on 20 April, 2011
In the light of
dictum of the Hon'ble Apex Court in the case of Pranay
Sethi (supra), the claimants would be entitled for addition
of 40% towards future prospects instead of 50% added by
the Tribunal. Deduction of 1/4th of the assessed income
towards personal and living expenses considering the
number of dependents of the deceased and multiplier of
'18' considering the age of the deceased as 25 years, are
not disturbed. Thus, the claimants would be entitled for
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compensation under the head of loss of dependency at
Rs.17,01,000/- (Rs.7,500 + 40% x 12 x 18 x ¾).