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1 - 4 of 4 (0.24 seconds)Section 147 in The Motor Vehicles Act, 1988 [Entire Act]
National Insurance Co. Ltd vs Pranay Sethi on 31 October, 2017
30. It has come in evidence as also stated in the Claim
Petition that Rajneesh Kumar was a Scooter/Motor mechanic. In
absence of any material on record, it can be guessed that at least
he was earning `100/- per day and he may not be earning every
day, but even if it is considered that he was earning every day, then
also, his income can be taken as `3000/-per month. He was 26
years old bachelor, therefore, by applying principle of National
Insurance Company Limited vs. Pranay Sethi and others, (2017) 16
SCC 680; and Magma General Insurance Co. Ltd. vs. Nanu Ram alias
Chuhru Ram & others, (2018) 18 SCC 130, after deducting 50%,
multiplicand will come to `1500/- and annual loss of income would
be 1500x12 and by adding 40% future income and applying
multiplier of 17, total amount of compensation would be
1500x12=18000+7200(40%)=25200x17=4,28,400/-.
Magma General Insurance Co. Ltd vs Nanu Ram Alias Chuhru Ram on 18 September, 2018
30. It has come in evidence as also stated in the Claim
Petition that Rajneesh Kumar was a Scooter/Motor mechanic. In
absence of any material on record, it can be guessed that at least
he was earning `100/- per day and he may not be earning every
day, but even if it is considered that he was earning every day, then
also, his income can be taken as `3000/-per month. He was 26
years old bachelor, therefore, by applying principle of National
Insurance Company Limited vs. Pranay Sethi and others, (2017) 16
SCC 680; and Magma General Insurance Co. Ltd. vs. Nanu Ram alias
Chuhru Ram & others, (2018) 18 SCC 130, after deducting 50%,
multiplicand will come to `1500/- and annual loss of income would
be 1500x12 and by adding 40% future income and applying
multiplier of 17, total amount of compensation would be
1500x12=18000+7200(40%)=25200x17=4,28,400/-.
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