In a Motor Accident Claim, Loss suffered by Parents cannot be assessed with arithmetical precision:-
In a Motor Accident Claim, Loss suffered by Parents cannot be assessed with arithmetical precision:- The Supreme Court emphasized that determining compensation for a child's death under the Motor Vehicles Act must prioritize fairness and solace over rigid mathematical precision. "The loss suffered by the parents of the deceased cannot be measured with arithmetical precision, and the compensation awarded, viewed holistically, cannot be said to transgress the bounds of 'just compensation' under the MV Act," the Court observed. Akash Kumar, a CA Final student, died at 3:00 a.m. when his car struck an unlit, unreflective truck parked negligently on a dark Delhi road. The Tribunal awarded ₹81.21 lakh after finding the truck driver negligent, and following the High Court's affirmation, both the insurer and the claimants appealed to the Supreme Court seeking a reduction and enhancement of the compensation, respectively. Rejecting the insurer’s claim of e...
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