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Best Method For Assessing Loss Of Dependency For Self- Employed Is Taking Median Income

In New India Assurance Co Ltd. vs Dharmishta Jitendra Mehtalia, while hearing an insurance company’s first appeal against an order of Motor Accident Claims Tribunal (MACT), the Bombay High Court has held that in case the deceased was self-employed, appropriate method for calculating loss of dependency would be by taking his median income.

Justice GS Patel was hearing the appeal filed by New India Assurance against an order by the MACT awarding Rs. 26 lakhs as compensation to the family members of deceased Jitendra Mehtalia.

 Article referred: http://www.livelaw.in/deceased-motor-accident-self-employed-best-method-assessing-loss-dependency-taking-median-income-bombay-hc-read-jt/

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