https://www.taxtmi.com/caselaws?id=182775 The Supreme Court adjusted the multiplier and interest rate in a fatal accident compensation case. The Court found the original multiplier of 22 excessive and revised it to 13 based on the deceased's age. Recalculating the compensation, the revised award amount was set at Rs. 3,37,000, along with additional amounts for love and affection and funeral expenses. The Court awarded the revised compensation to the claimants with an interest rate of 9% from the claim petition date, emphasizing the importance of balancing factors in determining compensation in fatal accident cases. en-us Thu, 13 Jul 2006 00:00:00 +0530 Thu, 19 May 2016 13:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182775 The Supreme Court adjusted the multiplier and interest rate in a fatal accident compensation case. The Court found the original multiplier of 22 excessive and revised it to 13 based on the deceased's age. Recalculating the compensation, the revised award amount was set at Rs. 3,37,000, along with additional amounts for love and affection and funeral expenses. The Court awarded the revised compensation to the claimants with an interest rate of 9% from the claim petition date, emphasizing the importance of balancing factors in determining compensation in fatal accident cases. Case-Laws Indian Laws Thu, 13 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182775