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Supreme Court of India 2025-02-11 allowed

SHYAM PRASAD NAGALLA & ORS vs THE ANDHRA PRADESH STATE BOARD TRANSPORT CORPORATION

Bench: 2 — Sanjay Karol, Prashant Kumar Mishra

In Brief

A 43-year-old Indian woman working in the United States as a software engineer and real estate agent died in a motor vehicle accident in India. Her family claimed compensation based on her $11,600 monthly income. The Supreme Court addressed two key issues: (1) whether compensation should use the exchange rate at the accident date or claim filing date, and (2) whether a reduced multiplier applies to foreign-currency earners. The Court held that the exchange rate at claim filing applies, and the standard age-based multiplier of 14 applies uniformly regardless of currency. It allowed the appeal and awarded Rs. 9,64,52,220 instead of the High Court's reduced amount.

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Motor Vehicle Accident Claims Compensation Foreign Exchange Rate Determination Multiplier for Lost Earnings Dependants' Compensation

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