High CourtsSingle Bench(2021) 02 JH CK 0175

Margina Bibi & Others vs United India Insurance Company Limited & Another

Jharkhand High Court · Decided on 22 February 2021

HON’BLE JUDGES
Kailash Prasad Deo, J
RESULT
Allowed
CASE NUMBER
Miscellaneous Application No. 488 Of 2014

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Judgment

11 paragraphs · 121 words

Income,,,"Rs. 5,000/- per month",,

Annual Income,,,"Rs. 5,000/- x 12 = Rs. 60,000/-",,

40% future prospect  Pranay Sethi (Supra),,,"Rs. 60,000/- + Rs. 24,000/- = Rs. 84,000/-",,

1/4th deduction towards personal and living expenses

(Sarla Verma Supra)",,,"Rs. 84,000/- x 1/4 = Rs. 21,000/-",,

Total Income,,,"Rs. 84,000/- - Rs. 21,000/- = Rs. 63,000/-",,

,Multiplier of 16 (as the deceased,was in the age group of 31-35 years) Sarla Verma (Supra),,"Rs. 63,000/- x 16 = Rs. 10,08,000/-",

Conventional Head Pranay Sethi (Supra),,,"Rs. 70,000/-",,

Total Compensation Amount,,,"Rs. 10,08,000/- + Rs. 70,000/- = Rs. 10,78,000/-",,

in the case of Thazhathe Purayil Sarabi & Others Vs. Union of India & Another reported in (2009) 7 SCC 372.,,,,,

Accordingly, the instant Miscellaneous Appeal is allowed in the aforesaid terms.",,,,,