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Supreme Court of India2023(2023) 1 SCC 717Civilimportant
Vinay Kumar Mishra v. New India Assurance Co. Ltd.
Vinay Kumar MishravsNew India Assurance Co. Ltd.
2-Judge Bench
Civil Law
Motor AccidentMACTCompensationMotor Vehicles ActPersonal Injury
Core Ruling / Ratio Decidendi
Compensation under MACT must be just, fair and reasonable. Courts must award compensation that places the victim in the same financial position they would have been but for the accident. Multiplier method must be applied correctly.
Judgment Summary
English
Held that compensation in motor accident claims must be calculated based on the victim's actual income and future prospects including reasonable add-on for inflation. Structured formula under Motor Vehicles Act must not be applied mechanically to deny just compensation.
हिंदी (Hindi)
मोटर दुर्घटना दावों में मुआवजा पीड़ित की वास्तविक आय और भविष्य की संभावनाओं के आधार पर गणना की जानी चाहिए। न्यायोचित मुआवजे से इनकार करने के लिए संरचित सूत्र का यांत्रिक प्रयोग नहीं।