Supreme Court of India
United India Insurance Co. Ltd. v. Bindu and Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Motor Vehicles Act, 1988: Fatal accident - Deceased aged 32 years and earning Rs. 7,4271- per month - Tribunal adopting multiplier of 17 awarding compensation of Rs.10,61,0001-with 9% interest Held: Appropriate multiplier would be 13 and rate of interest 6% - Tribunal to workout the entitlement accordingly. In a claim petition field uls.166 of the Motor Vehicles Act, 1988 filed by the dependents of the victim of a fatal accident, who was aged 32 years and earning Rs.7,7241 - per month, the MACT applied the multiplier of 17 and awarded a compensation of Rs.10,61,0001-with 9 % interest from
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