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2024 Supreme(SC) 1858

B. V. NAGARATHNA, AUGUSTINE GEORGE MASIH
Kumud Gupta – Appellant
Versus
Iffco Tokio General Insurance Co. Ltd. – Respondent


Advocates Appeared:
For the Petitioner: Mr. Dinesh Chandra Pandey, AOR, Mr. Dushyant Dahiya, Adv.
For the Respondent: Mr. Shivam Singh, Adv., Mr. Gopal Singh, AOR, Mr. Gaurav Agrawal, AOR/Sr. Adv., Mr. Manan Daga, Adv.

Table of Content
1. appeal against compensation reduction (Para 2)
2. arguments about compensation assessment (Para 4 , 5 , 6)
3. insurer's support for high court's judgment (Para 7)
4. court's analysis of compensation calculation (Para 8)
5. order on re-assessed compensation payment (Para 9 , 10)
6. conclusion and disposal of appeal (Para 11 , 12)

ORDER :

1. Leave granted.

2. Being aggrieved by the judgment and award of the High Court in FAO No.1798/2014(O&M) dated 24.08.2018 with regard to the reduction of compensation awarded by the Motor Accidents Claims Tribunal (for short “the Tribunal”) in respect of a road traffic accident that occurred on 21.04.2011, the claimants, being the parents of the deceased-Rupanshi Gupta, have preferred this appeal.

3. We have heard learned counsel for the appellants, Mr. Dinesh Chandra Pandey and learned counsel for the respondent-Insurer Mr. Shivam Singh at length.

4. Appellants’ counsel submitted that the Tribunal had rightly assessed the compensation at Rs.47,10,000/- (Rupees Forty Seven Lakhs and Ten Thousands only) with interest at 7.5% per annum from the date of the Claim Petition till realisation and a sum of Rs.35,31,151/-(Rupees Thirty Five Lakhs,

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