Civil Appeal (Motor Accident Compensation) · Supreme Court of India
National Insurance Co. Ltd. v. Pranay Sethi & Ors.
| Case number | Civil Appeal No. 9858 of 2013 |
|---|---|
| Citation | (2017) 16 SCC 680 |
| Date of judgment | 31 Oct 2017 |
| Petitioner / Appellant | National Insurance Co. Ltd. |
| Respondent | Pranay Sethi & Ors. |
Holding
A Constitution Bench standardised the addition for future prospects in motor-accident compensation at 40% of income for the deceased/injured below 40 years, 25% between 40 and 50, and 10% between 50 and 60, extended the addition to self-employed and fixed-income earners, and clarified the deductions and multiplier method to be used in computing "just compensation", to the extent it modified the position in Reshma Kumari.