Professional Documents
Culture Documents
MV Act 1
MV Act 1
DISTRICT
JUDGE-CUM-9TH M.A.C.T., BHUBANESWAR
Present:
Smt. Sasmita Parhi, B.Sc. LL.M.,
Addl. District Judge-cum-
9th M.A.C.T., Bhubaneswar.
J.O.Code-OD00240
…….. Opp.Party
ISSUES
FINDINGS
COMPUTATION OF COMPENSATION
A
Annual Established Income Rs. 1,02,348/-
B
Age 38 years
C
Dependant 3
D
Future Prospect (40% of A) Rs. 40,939.20
Deduction towards personal and living expenses
E
(1/3 of the Annual income + 1/3 of future Rs. 47,762.40
prospect) (1/3 of A + 1/3 of D)
F
Net Yearly Loss (A+D-E) Rs. 95,524.80
G
Multiplier 15
H
Loss of dependency (F*G) Rs. 14,32,872
I
Loss of consortium 3*Rs.40,000/- Rs. 1,20,000/-
J
Funeral Expenses Rs. 15,000/-
K
Loss of Estate Rs. 15,000/-
Hence, ordered.
ORDER
Sd/-
th
9 M.A.C.T.,Bhubaneswar
Sd/-
th
9 M.A.C.T., Bhubaneswar