Savita Devi And Others v. Union Of India And Others
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=7 " 8C " (&" )*#+1 " !" "#"& !"8$0 "Savita Devi & others ...Appellants
Versus
United India Insurance Company Ltd., & others ...Respondents Date of Accident: 21.10.2020 Name of Deceased: Dinesh Aged at the time of death: 31 years Income of the deceased as per income tax return assessed by the learned tribunal: Rs.2,96,400/.Ρ.Α.
Deduction: 1/4th i.e. Rs.74,100/.PA Multiplier: 16 (Rs.2,22,300x16=35,56,800/.) Under other conventional heads: total awarded amount by the tribunal is Rs.70,000/.
Total awarded amount by the tribunal: Rs.36,26,800/. Interest @ 7.5.
Awarded Amount is liable to be enhanced as learned tribunal has not granted future prospects and parental consortium to the other claimants i.e. parents and children.
Annual income; Rs.2,96,400/.p.a.
Future prospect; 40% i.e. Rs. 1,18,560/. p.a. Total annual income of the deceased Rs.4,14,960/. Deduction; 1/4th i.e. 1,03,740/.p.a.
After deduction; Annual income of the deceased Rs.3,11,220 (Rs.3,11,220x16=49,79,520) Under conventional heads; 5 claimants (48000x5=2,40,000/.) Funeral expenses: 18,000/.
Loss of estate; 18,000/.
Total Rs.52,55,520/.
Amount awarded by Tribunal Rs.36,26,800/.
...............
Rs. 16,28,720/.
................
Plus interest @ 7.5%"
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