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Oriental Insurance Co. Ltd. vs Vijay Kumar Mittal And Ors. on 11 May, 2007

29. It is now well settled that while estimating future loss of income, the Court has to take into account future prospects of the injured and the increase in cost of living and price index.[ See (1) K. Narsimha Murthi V. The Manager, Oriental Insurance Co. Ltd. & Anr.,reported in 2004 ACJ 1109; (2)Oriental Insurance Co. Ltd. Vs. Vijay Kumar Mittal, reported in III(2007)ACC 676 and (3) Santosha Devi Vs. Abdul Kareem & Ors, in MAC Appeal No. 440/09 decided on 08/10/09 by Hon'ble Mr. Justice J.R. Midha]

Santosha Devi vs Abdul Kareem & Ors. on 8 October, 2009

29. It is now well settled that while estimating future loss of income, the Court has to take into account future prospects of the injured and the increase in cost of living and price index.[ See (1) K. Narsimha Murthi V. The Manager, Oriental Insurance Co. Ltd. & Anr.,reported in 2004 ACJ 1109; (2)Oriental Insurance Co. Ltd. Vs. Vijay Kumar Mittal, reported in III(2007)ACC 676 and (3) Santosha Devi Vs. Abdul Kareem & Ors, in MAC Appeal No. 440/09 decided on 08/10/09 by Hon'ble Mr. Justice J.R. Midha]
Delhi High Court Cites 0 - Cited by 21 - J R Midha - Full Document

Oriental Insurance Co. Ltd. vs Rajinder Kumar And Ors. on 28 April, 1995

In the case of Oriental Insurance Co. Ltd. Vs. Rajinder Kumar & Others,reported in III (2007)ACC 19, Hon'ble Mr. Justice, Pradeep Nandrajog had held that when the injured, a qualified stenographer suffered permanent disability resulting in 44% functional disability on left arm crushed under bus, there was no infirmity found in the award recompensating loss of future earning due to disability suffered by injured as a result of accident,even though the petitioner had not suffered any cut in salary and was employed with the same employer. Also was held that if as a result of the accident, human anatomy is shattered or a limb is damaged, as far as possible, loss occasioned in terms of money to the victim of the unfortunate road mishap has to be recompensed. Damages have to be full and adequate. In case of personal injuries, the assessment of damages have to take into consideration the restriction of future earning capacity. The loss of chance of better employment or prospects have also to 12 be examined and assessed. The impairment of the body as a whole has to be considered and its resultant impact on the earning or earning capacity as also future prospects in increasing the earning capacity have to be considered.
Jammu & Kashmir High Court Cites 1 - Cited by 32 - Full Document

Sarla Verma & Ors vs Delhi Transport Corp.& Anr on 15 April, 2009

In terms of law laid in the case of ' Smt. Sarla Verma & ors Vs. Delhi Transport Corporation & Anr, reported in III (2009) ACC 708 (SC), it was held that in a claim petition u/s 166 of the Motor Vehicles Act, 1988, the 14 multiplier of 14 is to be applied for assessing the compensation for the victim of the road accident(for the age group of 41 to 45 years). Since the petitioner was of age 41 years as on the date of accident, here also the multiplier of 14 is to be adopted in this case for assessing the compensation for petitioner.
Supreme Court of India Cites 12 - Cited by 20141 - R V Raveendran - Full Document

Patti Ram vs Kushal Pal Singh on 4 November, 2009

42. Due to the suffered permanent disability and the amputation of the right lower limb, for all her remaining life, the petitioner would be incapacitated to travel by public transport and she will always have to incur extra expenses on travel. Relying upon law laid in the case of Patti Ram(supra), the petitioner is accordingly held entitled for the loss on account of conveyance @ Rs. 500/- per month which would be Rs. 84,000/- ( Rs. 500/- X 12x14).
Delhi High Court Cites 1 - Cited by 8 - J R Midha - Full Document

The Divisional Controller, Ksrtc vs Mahadeva Shetty And Anr on 31 July, 2003

43. One cannot over look the fact that realigned bones would cause life long pain to the petitioner during winter and rainy season. It is settled law that no amount of compensation can be adequate for the physical dis- comfort, mental pain and suffering. The Hon'ble Supreme Court in The Divisional Controller, KSRTC Vs. Mahadeva Shetty & Anr, reported in AIR 2003 SC 4172, has made the following observations regarding compensation for pain and suffering:-
Supreme Court of India Cites 6 - Cited by 775 - A Pasayat - Full Document

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

49. Since the amount awarded should not be frittered away by beneficiaries owing to the ignorance, illiteracy etc., the Hon'ble Supreme Court of India in a case titled 'G. M. Kerala State Road Transport 20 Corporation Vs. Susamma Thomas' reported in 1994(2) SCC 176, has laid guidelines pronouncing that in a case of compensation, it is appropriate that Tribunals do keep in mind the principles enunciated by this court in 'Union Carbide Corporation Vs. Union of India', 1991(4) SCC 584, in the matter of appropriate investments to safeguard the feed from being frittered away by the beneficiaries owing to ignorance, illiteracy and susceptible to exploitation. Guidelines inter alia included of investment of share of the claimants in FDRs in nationalized banks with conditions that bank will not permit any loan or advance on the fixed deposits and interest on the amount invested is paid monthly / periodically directly to the claimant and such investment may be made in more than one fixed deposit. In case of any exigency, claimants are at liberty to apply to Tribunal for withdrawal of such investment.
Supreme Court of India Cites 6 - Cited by 4294 - G N Ray - Full Document

Union Carbide Corporation Etc. Etc vs Union Of India Etc. Etc on 3 October, 1991

49. Since the amount awarded should not be frittered away by beneficiaries owing to the ignorance, illiteracy etc., the Hon'ble Supreme Court of India in a case titled 'G. M. Kerala State Road Transport 20 Corporation Vs. Susamma Thomas' reported in 1994(2) SCC 176, has laid guidelines pronouncing that in a case of compensation, it is appropriate that Tribunals do keep in mind the principles enunciated by this court in 'Union Carbide Corporation Vs. Union of India', 1991(4) SCC 584, in the matter of appropriate investments to safeguard the feed from being frittered away by the beneficiaries owing to ignorance, illiteracy and susceptible to exploitation. Guidelines inter alia included of investment of share of the claimants in FDRs in nationalized banks with conditions that bank will not permit any loan or advance on the fixed deposits and interest on the amount invested is paid monthly / periodically directly to the claimant and such investment may be made in more than one fixed deposit. In case of any exigency, claimants are at liberty to apply to Tribunal for withdrawal of such investment.
Supreme Court of India Cites 71 - Cited by 423 - Full Document
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