27 February,2024 11:25 AM IST | Thane | mid-day online correspondent
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The family of a 48-year-old man who died in a traffic accident in 2018 has been awarded Rs 1.35 crore by the Motor Accident Claims Tribunal (MACT) in Thane.
The owner of the bus involved in the accident and its insurance company have been instructed to jointly pay the compensation amount, along with an interest rate of 7.5 per cent from the date of petition filing until payment realisation, in an order issued on February 12 by MACT Chairman S B Agrawal, reported PTI.
The order became available on Monday, stated the report.
According to the report, a bus on the Sinnar-Shirdi route killed the victim, Agnel Iypunny Chakramakil, a Thane native, and the four other occupants of the car were fatally struck by a bus on the Sinnar-Shirdi road in Maharashtra on November 11, 2018.
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Agnel's wife, aged 52 and his son, aged 31, had filed a petition seeking compensation of Rs 2.70 crore for his demise. They, as per the PTI report, argued that the bus was being driven recklessly on the wrong side of the road which led to the collision that killed the patriarch.
Reportedly, the bus owner was not present at the hearing in tribunal but the case was still filed against him ex parte. Meanwhile, the insurance company refuted the family's claim saying that Agnel did not hold a permanent job.
Nonetheless, the panel upheld the insurer's obligation to reimburse the petitioners and confirmed - citing earlier decisions - that work in the private sector does not preclude permanent job status, the report added.
According to the report, the MACT calculated Agnel's compensation using a multiplier of 13 based on his age, taking into account his monthly income of Rs 1 lakh and an additional 30 per cent for future income potential. The total compensation of Rs 1,35,90,052 comprises allowances for loss of income, estate, consortium, and funeral expenses.
The panel ordered that Rs 1 crore be deposited in a fixed deposit for Agnel's wife, Rs 5 lakh for his son, and the balance, together with accrued interest, be paid to the woman via account payee cheques, the PTI report added.
