Supreme Court of India
Reliance General Insurance Company Ltd. v. Shalu Sharma & 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 Accidents Act, 1988 – Compensation – Award o f – Death of self-employed (businessman) aged 42 years in a motor accident – Award of future prospects to the extent of 30% – In appeal, before the High Court, plea of the insurer-appellant that increase in the gross total income of the deceased as shown i n income tax return would not justify award of future prospects – High Court held that having due regard to the progressive increase in the income of the deceased, the award of future prospects by the trib unal could not be faulted – On appeal, held: Future prospects cannot be de nied in
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