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Magma General Insurance Co. Ltd vs Nanu Ram Alias Chuhru Ram on 18 September, 2018

Thus, it comes to `29,925/- and if the age of the deceased which was 29 years at the time of accident is taken into account, the multiplier of 17 has to be applied. Thus, the claimants are entitled to a sum of `61,04,700/- on account of loss of dependency. In addition, the claimants are entitled to a sum of `62,567/- on account of medical expenses and `25,000/- on account of transportation of dead body. The widow of the deceased is entitled to `40,000/- on account of loss of consortium in view of the law laid down by the Supreme Court in 'MAGMA GENERAL INSURANCE CO. LTD. Vs. NANU RAM' 2018 ACJ 2782. The parents of the deceased as well as the minor daughter are entitled to a sum of `40,000/- each on account of loss of consortium. The claimants are also entitled to `30,000/- on account of loss of estate. Thus, 13 in all, the claimants are entitled to a total sum of `63,82,267/- on account of compensation. Needless to state that the aforesaid amount of compensation shall carry interest at the rate of 6% p.a. from the date of petition till payment is made.
Supreme Court of India Cites 7 - Cited by 4992 - I Malhotra - Full Document
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