Tagged “future-prospects”

2 articles on future-prospects.

Supreme CourtSupreme Court of India

Kirti v. Oriental Insurance (2021): future prospects apply even to notional income

The Supreme Court held that the addition for future prospects cannot be refused merely because the victim's income was notional rather than proved. Applying the Pranay Sethi percentages to a homemaker's notional income, the Court underscored the economic value of domestic work.

Valkya Editorial·22 Jun 2026·6 min

Supreme CourtSupreme Court of India

Sarla Verma v. Delhi Transport Corporation (2009): standardising the multiplier and personal-expense deduction

The Supreme Court used a fatal bus-accident claim to bring order to motor-accident compensation, fixing an age-based multiplier table and standard slabs for deducting the deceased's personal and living expenses. The framework became the bedrock of MACT computation, later affirmed by the Constitution Bench in Pranay Sethi.

Valkya Editorial·22 Jun 2026·6 min