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What is Pranay Sethi Judgment: Future Prospects in MACT about?

The Supreme Court case analyzed the benchmark for compensation in motor accident claims. It aimed to standardize the approach for determining future prospects and income. The Court established guidelines for calculating future income based on the age and occupation of the deceased. For permanent employees under 40, 50% of salary should be added, 30% for those 40-50, and 15% for 50-60. For self-employed, additions of 40%, 25%, and 10% should be made within the same age brackets. Reasonable figures were a

Author

Nikhilparakh

Language

EN