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National Insurance Company Ltd vs Pranay Sethi Son Of Late Prashant Sethi ... on 20 April, 2011

33. The Hon'ble Supreme Court of India in, "National Insurance Company Ltd. vs. Pranay Sethi & Ors. in Special Leave Petition (Civil) No.25590 of 2014 has granted a sum of Rs. 15,000/-, Rs. 40,000/- and Rs. 15,000/- on account of loss of estate, loss of consortium and funeral expenses respectively. The aforesaid amounts are to be enhanced at the rate of 10% in every three years.
Punjab-Haryana High Court Cites 0 - Cited by 10133 - K Kannan - Full Document

General Manager, Kerala S.R.T.C vs Susamma Thomas on 6 January, 1993

36. Acting on the guidelines issued by Hon'ble Supreme Court of India G.M Kerala State Road Transport Corporation v/s S. Susamma Thomas (1994) 2 SCC 176 in order to avoid the money being frittered away, Ninety percent(90%) of the amount awarded to Petitioner No. 1 shall be kept in 5 FDRs of almost equal amount in a MACT Case No. 57702-16 Sushila Devi Vs Sonbir @ Sonu & Ors Page No. 16/20 Nationalized Bank for a period of 1,2,3,4 & 5 years. Petitioner No. 1 can withdraw the interest monthly from the said FDRs. The share of the Petitioners No. 2 to 4 shall be kept in the form of FDRs till they attain the age of majority. No loan or advance shall be allowed against the said fixed deposit. The awarded amount of the Petitioner No. 5 be kept in the form of FDR for one year. 10% of the awarded amount to the Petitioner No. 1 be released immediately upon necessary identification.
Supreme Court of India Cites 6 - Cited by 4294 - G N Ray - Full Document

Uoi vs Nanisiri on 13 January, 2010

39. It was further held in the judgment passed by Hon'ble High Court of Delhi in Nanisiri case (Supra) that "The State Bank of India and UCO Bank have formulated special schemes for the victims of the road accident on the above terms and, therefore, the order for the deposit should be made presently to State Bank of India through its Nodal Officer, Relationship Manager, Tis Hazari Branch, Tis Hazari or to UCO Bank through Mr. M M Tandon, Member-Retail Team, UCO Bank Zonal, Parliament Street, New Delhi (Mobile No.09310356400) as per the convenience of the victim /legal representatives of the victim.
Delhi High Court Cites 0 - Cited by 1110 - J R Midha - Full Document
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