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

"7. However, we find merit in the submission which has been urged on behalf of the appellants that the Tribunal failed to apply the correct multiplier and erred in not granting the benefit of future prospects in computing the income of the deceased and the loss of dependency. Having due regard to the judgment delivered by the Constitution Bench of this Court in National Insurance Company Limited v Pranay Sethi, (2017) 13 Scale 12 : 2017 (4) TAC 673 and in Sarla Verma v Delhi Transport Corporation, (2009) 6 SCC 121 : 2009 (2) TAC 677, the correct multiplier should be 17 having regard to the age of the deceased.
Supreme Court of India Cites 32 - Cited by 9815 - D Misra - Full Document

Tata Aig General Insurance Co. Ltd. ... vs Pranay Sethi And Ors. Reported In Air ... on 2 August, 2018

08. Per contra, Mr. Panigrahi, learned Advocate for the respondent nos.1 and 2, submitted that the income of the deceased towards his perk from the month of April, 2016 to December, 2016 was Rs.74,117.31. Learned Tribunal ought to have added Rs.5,478/- towards perk from his monthly salary income. If the same is added, monthly income of the deceased comes to Rs.55,572/-. He further submitted that the age of the deceased shall be taken into account while calculating the multiplier. He placed reliance to the decision of the apex Court in the cases of National Insurance Co. Ltd. vs. Indira Srivastava and others, 2008 AIR SCW 143, P.S. Somanathan and others vs. District Insurance Officer and another, 2011 (1) T.A.C. 861 (SC), Amrit Bhanu Shali and others vs. National Insurance Co. Ltd. and others, 2012 (4) T.A.C. 775 (SC) National Insurance Company Ltd. vs. Pranay Sethi and others, 2017 (II) ILR-CUT- 998 (SC).
Jharkhand High Court Cites 15 - Cited by 39 - R Kumar - Full Document

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

"7. However, we find merit in the submission which has been urged on behalf of the appellants that the Tribunal failed to apply the correct multiplier and erred in not granting the benefit of future prospects in computing the income of the deceased and the loss of dependency. Having due regard to the judgment delivered by the Constitution Bench of this Court in National Insurance Company Limited v Pranay Sethi, (2017) 13 Scale 12 : 2017 (4) TAC 673 and in Sarla Verma v Delhi Transport Corporation, (2009) 6 SCC 121 : 2009 (2) TAC 677, the correct multiplier should be 17 having regard to the age of the deceased.
Supreme Court of India Cites 12 - Cited by 20141 - R V Raveendran - Full Document
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