M.JAGANNADHA RAO
BHAGAWAN DAS – Appellant
Versus
Mohd. Arif – Respondent
( 1 ) SEVERAL importment questions relating to the computation of the present value of future earnings or losses arise in this appeal. The principles of law that I propose to discuss will be useful not only for computing damages in claims by the injured but also in claims by dependants of deceased persons. The object is to evolve a simple and easy method which, at the same time, is scientifically valid.
( 2 ) THE Tribunal under the Motor Vehicles Act was dealing, in this case, with the claim of a person injured in an accident on July, 30th, 1978 consequent to which the claimant s right leg below the knee was amputated. At that time, the claimantrespondent was aged 35 years and was working as a technician in the Merchant Navy. In a claim for Rs. two lakhs, the tribunal awarded Rs. one lakh. The owner of the motor vehicle which was responsible for the injury to the respondent, is the appellant before me Sri c. Sadasiya Reddi, the learned counsel for the appellant has mainly contended that the award of Rs. 97,000/towards present loss of future earnings is grossly excessive. On the other hand, Sri V. L. N. G. K. Murthy, for the respondent, has contended that the Tr
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