Kerala High Court adopts notional income of deceased child as Rs.30000

Last updated: 13 March 2023

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The Kerala High Court has increased the compensation awarded to the parents and sibling of a child who died in a road accident. The court determined that the notional annual income of the deceased child should be set at £30,000 for the purpose of calculating 'Loss of Dependency'. This decision enhances the amount previously awarded by the Motor Accidents Claims Tribunal.

Court :
Kerala High Court

Brief :
The Kerala High Court recently enhanced the compensation awarded by a Motor Accident Tribunal under the head of 'Loss of Dependency' to the parents and sibling of deceased child , who has been a victim of Motor Accident. The Hon'ble Court has enhanced compensation considering income of child Rs. 30,000.

Citation :
MACA NO. 3884 OF 2022

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1 Year PLAN - Rs.~~1999~~

1799

(Excl. of GST ₹323)

2 Years PLAN - Rs.~~3499~~

3149

(Excl. of GST ₹566)

BEST VALUE

3 Years PLAN - Rs.~~4999~~

4499

(Excl. of GST ₹809)

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FCS Deepak Pratap Singh

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, MyselfFCSDeepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP, ID) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Independent Director ,Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited I ... Read more

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