time the Division Bench decided Kumari Lalita (supra)
the multiplier method of awarding compensation had not been
firmly established nor there was any authoritative
pronouncement ... firmly established that the multiplier
method was the best method to award just, fair and proper
compensation. Further, it was also established that wherever
there
laid down that future inflation was
built-in 'in the multiplier method' was a binding precedent as
there was no contrary judgment ... demonstrate that although the inflation was
built-in 'in the multiplier method' but in the Indian context
where the inflation was very high
judgment in the case of Susamma Thomas cited supra that the multiplier method is logically sound and legally well established, the Supreme Court has observed ... determination of the "multiplicand" and the "multiplier" in following the multiplier method in determination of compensation in case of motor accident
Apex Court has held in plethora of judgments
that the multiplier method is the best method.
8. In this regard in G.M., Kerala SRTC ... first the multiplier
mentioned in Davies case3 and the second in
Nance v. British Columbia Electric Railway Co. Ltd.
13. The multiplier method involves
multiplier is concerned, in Sarla Dixit (supra), the Apex
Court has observed as under;
"It is necessary to reiterate that the
multiplier method ... awards in
individual cases. The proper method of
computation is the multiplier-method. A
departure, except in exceptional and
extraordinary cases, would introduce
inconsistency
then should have assessed the just compensation
according to the multiplier method. Further, the counsel submitted that
the tribunal should have applied the multiplier ... first the
multiplier mentioned in Davies case3 and the second in Nance v. British
Columbia Electric Railway Co. Ltd.
13. The multiplier method involves
Apex Court has held in
plethora of judgments that the multiplier method is the best
method.
9. In this regard in G.M., Kerala SRTC ... first the multiplier mentioned in Davies case3
and the second in Nance v. British Columbia Electric
Railway Co. Ltd.
13. The multiplier method involves
Apex Court has held in
plethora of judgments that the multiplier method is the best
method.
8. In this regard in G.M., Kerala SRTC ... first the multiplier mentioned in Davies case3
and the second in Nance v. British Columbia Electric
Railway Co. Ltd.
13. The multiplier method involves
Apex Court has held in plethora of judgments
that the multiplier method is the best method.
7. In this regard in G.M., Kerala SRTC ... first the multiplier
mentioned in Davies case3 and the second in
Nance v. British Columbia Electric Railway Co. Ltd.
13. The multiplier method involves
awarding Rs. 2,00,000/- as
lumpsum compensation instead of applying multiplier method
and assessing income of the deceased at Rs. 25,000/- after
considering ... first the multiplier
mentioned in Davies case3 and the second in Nance
v. British Columbia Electric Railway Co. Ltd.
13. The multiplier method involves
