Bombay HC: Multiplier method is to be used to quantify the loss of income as a result of death or permanent disability suffered in an accident.

  A useful reference in this context can be made in the Judgment of the Supreme Court in the case of Sandeep Khanuja V. Atul Dande and Another MANU/SC/0108/2017 : 2017, SCC 351wherein the Supreme Court, after adverting to the previous pronouncements, observed that it is now well settled principle repeatedly stated and re-stated time and again by the Supreme Court that in awarding compensation the multiplier method is logically sound and legally well established. This method, known as "principle of multiplier" has been evolved to quantify the loss of income as a result of death or permanent disability suffered in an accident. {Para 17}

IN THE HIGH COURT OF BOMBAY

First Appeal No. 2144 of 2011

Decided On: 04.01.2022

Hareshwar Harischandra Mistry Vs. Pravin B. Nayak and Ors.

Hon'ble Judges/Coram:

N.J. Jamadar, J.

Citation:  MANU/MH/0012/2022.

Read full Judgment here: Click here.

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