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    <title>2015 (9) TMI 167 - Supreme Court</title>
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    <description>Compensation in a fatal motor accident claim under Section 166 of the Motor Vehicles Act, 1988 was enhanced because just, fair and reasonable compensation required addition of future prospects even where income was not fully proved. The Court applied a 30% increase for future prospects, retained the one-third deduction for personal expenses, and upheld the multiplier of 17. It also revised the conventional heads, bringing the amounts for loss of consortium and funeral expenses into line with recent judicial principles. The award was therefore modified in favour of the appellant.</description>
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      <title>2015 (9) TMI 167 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=263499</link>
      <description>Compensation in a fatal motor accident claim under Section 166 of the Motor Vehicles Act, 1988 was enhanced because just, fair and reasonable compensation required addition of future prospects even where income was not fully proved. The Court applied a 30% increase for future prospects, retained the one-third deduction for personal expenses, and upheld the multiplier of 17. It also revised the conventional heads, bringing the amounts for loss of consortium and funeral expenses into line with recent judicial principles. The award was therefore modified in favour of the appellant.</description>
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      <pubDate>Tue, 25 Mar 2014 00:00:00 +0530</pubDate>
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