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    <title>COMPENSATION UNDER MOTOR VEHICLES ACT, 1988 – SOME ISSUES</title>
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    <description>Tribunals must quantify pecuniary and non pecuniary losses by determining annual income, deducting personal expenses, selecting a multiplier based on age and career, and allowing for future prospects where justified. Territorial jurisdiction under Section 166 should be construed benevolently to aid claimants and may include fora where an insurer conducts business. Insurer liability is limited to persons covered by policy premiums, with rights to recover excess payments from owners. Joint tortfeasors bear joint and several liability. Computation examples emphasize using appropriate wage rates, a percentage addition for future prospects, and inclusion of interest and non pecuniary heads.</description>
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    <pubDate>Tue, 30 Aug 2016 10:02:18 +0530</pubDate>
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      <title>COMPENSATION UNDER MOTOR VEHICLES ACT, 1988 – SOME ISSUES</title>
      <link>https://www.taxtmi.com/article/detailed?id=6953</link>
      <description>Tribunals must quantify pecuniary and non pecuniary losses by determining annual income, deducting personal expenses, selecting a multiplier based on age and career, and allowing for future prospects where justified. Territorial jurisdiction under Section 166 should be construed benevolently to aid claimants and may include fora where an insurer conducts business. Insurer liability is limited to persons covered by policy premiums, with rights to recover excess payments from owners. Joint tortfeasors bear joint and several liability. Computation examples emphasize using appropriate wage rates, a percentage addition for future prospects, and inclusion of interest and non pecuniary heads.</description>
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