In Brief
The heirs of a man who died in a bus accident sought compensation under the Motor Vehicles Act, 1988. The Motor Accident Claims Tribunal awarded Rs. 50,000 as no-fault liability; the High Court increased this to Rs. 3,98,500 but failed to add any amount for future income prospects. The Supreme Court held that the High Court erred in not awarding a 40% enhancement for future prospects, as mandated by National Insurance Company Ltd. v. Pranay Sethi. Applying that precedent and allowing a one-third deduction for personal expenses, the Court awarded total compensation of Rs. 6,41,200 with 9% interest per annum from petition date. The appeal was allowed.
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