Case Law Analysis
|Bombay High Court
Motor Vehicles Act | Bombay HC Sets Rs. 30,000 Notional Income Benchmark & Rs. 48,000 Consortium Per Dependent in Fatal Accident Claims
Bombay High Court revises compensation norms in fatal motor accident cases, establishing Rs. 30,000 as notional annual income for deceased graduates assisting in family businesses and awarding Rs. 48,000 consortium per dependent. The ruling reduces personal expense deduction to 1/2 for bachelors with unmarried siblings, impacting future claims under the Motor Vehicles Act.