Saroj vs Iffco-Tokio General Insurance Co
Judges (2)
Case Significance
Saroj vs Iffco-Tokio General Insurance Co is a Supreme Court of India decision dated October 24, 2024 (citation: insc-2024-816). The wife and sons of deceased Silak Ram, killed in a motorcycle accident, challenged the Punjab and Haryana HC's drastic reduction of MACT compensation from Rs.19,35,400 to Rs.9,22,336. The Supreme Court recomputed compensation considering the deceased's actual income, applied proper multiplier and future prospects, and enhanced the total to Rs.15,00,000 with 8% interest from the date of filing the claim petition. The bench comprised Justices Sanjay Karol and Ujjal Bhuyan. The judgment was delivered by Justice Sanjay Karol.
Summary
The wife and sons of deceased Silak Ram, killed in a motorcycle accident, challenged the Punjab and Haryana HC's drastic reduction of MACT compensation from Rs.19,35,400 to Rs.9,22,336. The Supreme Court recomputed compensation considering the deceased's actual income, applied proper multiplier and future prospects, and enhanced the total to Rs.15,00,000 with 8% interest from the date of filing the claim petition.
What was the outcome of Saroj vs Iffco-Tokio General Insurance Co?
The wife and sons of deceased Silak Ram, killed in a motorcycle accident, challenged the Punjab and Haryana HC's drastic reduction of MACT compensation from Rs.19,35,400 to Rs.9,22,336. The Supreme Co...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-816)