Motor Accident Compensation – Self-Employed Deceased Aged Below 40 Years Entitled To 40% Addition As Future Prospects: Supreme Court

Published by Admin on

Case: Rahul Sharma and another vs National Insurance Company Ltd and others

Coram: CJI NV Ramana, Justices Surya Kant and Aniruddha Bose

Case No: [CA No. 1769 of 2021]

Court Observation: “This Court in a Five Judge Bench decision in National Insurance Co. Ltd. v. Pranay Sethi, (2017) 16 SCC 680, clearly held that in case the deceased is self­-employed and below the age of 40, 40% addition would be made to their income as future prospects. In the present case, the deceased was self-­employed and was 37 years old, therefore, warranting the addition of 40% towards future prospects”


Leave a Reply

Hey, wait!

Don't forget to subscribe to our newsletter for weekly updates about our events, blogs and various opportunities.