K. SOMASHEKAR, CHILLAKUR SUMALATHA
RELIANCE GENERAL INSURANCE COMPANY LIMITED – Appellant
Versus
SUPREETH S. @ SUPREETH SATHYENDRA – Respondent
JUDGMENT :
CHILLAKUR SUMALATHA, J.
1. Questioning the validity and legality of the order that is rendered by the Motor Accidents Claims Tribunal, Bengaluru in MVC No. 3751/2015 dated 17.06.2019, these two appeals were filed.
2. Disputing its liability to pay the compensation, the insurance company against whom liability to the extent of 95% was fastened has preferred appeal vide MFA No. 511/2020. On the other hand, seeking enhancement of compensation, the claimants preferred a Cross Appeal vide MFA CROB No. 40/2022. As both the appeals thus arose from the same order, they are disposed of through this common judgment.
3. Heard Sri. Ashok N. Patil, learned counsel for the appellant in MFA No. 511/2020 i.e. The Reliance General Insurance Company Limited, Sri. G.M. Srinivasa Reddy, learned counsel who represented the claimants in both the appeals as well as Sri. B.A. Ramakrishna, learned counsel who represented United India Insurance Company Limited, which is arrayed as 6th respondent in MFA No. 511/2020 and 4th respondent in MFA CROB No. 40/2022.
4. The matrix of the case as projected by the claimants is that on 18.11.2014 the deceased Supreeth (hereinafter be referred as ‘the deceased’ fo
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The court reinforced that just compensation must be determined based on established income, future prospects, and the liability of the insurance company, irrespective of the driver's licensing status....
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Compensation for motor vehicle accidents must reflect just and equitable principles, recognizing future earnings potential, with interest rates aligned to judicial precedents.
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