•  Motor Vehicles Act, 1988 (59 of 1988) Section 171 – Deceased bachelor - Aged 20 years – Income - Deceased was pursuing the professional Chartered Accountancy course - Tribunal rightly did not accept the certificates produced by the first appellant who is the father of the deceased in support of the case that the deceased had a monthly earning of Rs.15,000/- - No witnesses were examined on behalf of the companies which were alleged to have issued the certificates to prove the certificates -  Evidently there was a failure to establish that the deceased, who was a student pursuing his C.A. was in receipt of a monthly income of Rs.15,000/- -  Income taken of Rs.6,000/- per month and since the deceased was a bachelor, Rs.3,000/- per month deducted towards personal expenses – Multiplier 17  -  Addition of 40 per cent towards future prospects – Rs.15,000/- towards loss of estate – Rs.15,000/- towards funeral expenses -  Compensation quantified at Rs.8,86,800/-. (S.C.)(2018-1 ) PUNJAB LAW REPORTER
  • Motor Vehicles Act, 1988 (59 of 1988) Section 171 - Interest - Rate of interest modified to 9% (nine percent) per annum instead of 6% per annum granted by the Tribunal and High Court. (2018)1 SCeJ 397 Download
  • Motor Vehicles Act, 1988 (59 of 1988) Section 171 - Interest awarded at the rate of 9% (nine percent) per annum. (2018)1 SCeJ 401
  •   Motor Vehicles Act, 1988 (59 of 1988) S. 171 – Interest – Tribunal awarded interest if payment is not made within two months – Duty has been bestowed upon the court to determine such rate of interest – Interest of 6% per annum is awarded to the claimants on original as well as enhanced amount from the date of filing the claim petition till the realisation of the amount.  (2018-2) PUNJAB LAW REPORTER 


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