Supreme Court of India
Oriental Insurance Co. Ltd. v. Ram Prasad Varma & 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.
What the Court ordered
We are of the opinion that in the peculiar facts and circumstances of this F case, it is not necessary to interfere either with the application of multiplier of eight or non-deduction of 1/3rd from his net salary.
Judgment, page 12
From the headnote
Motor Vehicles Act, 1988 - ss.166 and 163A: Claimant, employee in public sector undertaking, c suffering permanent disability due to accident - Both his legs amputated - Claimant 55 years of age at that time and earning gross income of Rs.2.3 lacs - Determination of cofT)pensation by applying structured formula as contained in the Second Schedule - Appropriate multiplier- Held: Though Second Schedule, as such, might not have been applicable as maximum annual income of a deceased or an injured which could be taken into consideration therefor is Rs.40, 0001-, however, keeping in view the
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