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

11. Death of Sri P.Sriramulu was out of rash or negligent driving of the driver of Tata Sumo bearing registration No.AP-21- V-5246 on 17.05.2006 and the existence of a valid and enforceable insurance policy at the material point of time and the fact that there were no violations of insurance policy conditions have not been reagitated, rightly, before this Court. Therefore, nothing more is required to be stated on that front. A minor girl lost her father besides losing her mother and siblings also. The claim is only with reference to death of the father. Towards conventional heads their Lordships in National Insurance Company Limited v. Pranay Sethi1, granted an amount of 70,000/- under the following heads:
Supreme Court of India Cites 32 - Cited by 9815 - D Misra - Full Document

National Insurance Co. Ltd. vs P. Subhashini Perumal And Ors. on 20 September, 2004

13. The evidence of PW.1 and the evidence of PW.4 - Village Revenue Officer of Edruru Village and Ex.A.8/1B register do show that the deceased was owning Ac.15.75 cents of agricultural land. Before the Claims Tribunal a ruling of the Hon'ble Madras High Court in National Insurance Company 11 Dr. VRKS, J M.A.C.M.A.No.1933 of 2012 Limited v. P.Subhashini Perumal2 was cited. Learned Chairman considered it at paragraph No.17 of its impugned award. Then it was expected of him to fix some amount of money towards this source of income. He did not do it. He considered the LIC commission as well as agricultural income together and without making a definite finding simply recorded that in his opinion Rs.7,000/- per month could be said to be the annual income. This Court is unable to agree with such a rendering. It has to be borne in mind that what the deceased owned in the form of agricultural lands being an asset remains an asset even after his death. In that view of the matter, the appellant/claimant being the daughter may have become the owner of the said land. However, during the lifetime of her deceased father he was the one who was managing that asset. On his death it had to be managed by someone else by payment of money. Therefore, whatever that could be paid for a proper and reasonable way of management of such lands could be stated to be the loss suffered by the girl child for the loss of management of that asset 2 2005 ACJ 61/2004 SCC Online Mad 625 12 Dr. VRKS, J M.A.C.M.A.No.1933 of 2012 by her father. If one is to say that Rs.5,000/- per month is needed for management of this asset, it comes to Rs.60,000/- per year. That could be stated to be the loss suffered by the girl child on the death of her father with reference to agricultural land.
Madras High Court Cites 0 - Cited by 1 - Full Document
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