As a result of the accident, said child died.
The total financial dependency was calculated at Rs.3,40,000/ for financial loss and a sum of Rs.1,00,000/ was added for emotional loss and adding a sum of Rs.5,000/ for funeral expenses a sum of Rs.4,45,000/ was awarded as companypensation with interest at the rate of 9 p.a.
After deducting 1/3rd towards personal expenses, the financial dependency of the parents was fixed at Rs.20,000/ p.a.
Considering the age of the parents, multiplier of 17 was adopted.
Challenge in this appeal is to the judgment rendered by a learned Single Judge of the Delhi High Court in an appeal filed by the appellant.
Factual background in a nutshell is as follows On 7.5.2002 a child Anuj, aged about nine years was knocked down by a truck which was the subject matter of insurance with the appellant.
Arising Out of S.L.P. C No.2529 of 2006 ARIJIT PASAYAT, J. Leave granted.
from the date of institution of the claim petition till payment.
In the appeal, the quantum of companypensation awarded to the respondents 1 and 2 by the Motor Accidents Claims Tribunal, Delhi in short the MACT was questioned.
