Judgment :- By consent, the main appeal itself is taken up for final disposal. 2. The appeal is preferred by the appellant-Transport Corporation against the award dated 19.09.2008 made in MCOP No.904 of 2006 by the Motor Accident Claims Tribunal, (Principal District Judge), Namakkal. 3. Background facts in a nutshell are as follows: The deceased-Sekar met with motor vehicle accident that took place on 26.06.2006 at about 10.45 p.m. The deceased was proceeding in his Bajaj M 80 bearing registration No.TN-28-K-2918 on the road of Trichy-Namakkal Main Road. While he was nearing Pudupatti Electricity Board Office, the bus belonging to the appellant-Transport Corporation bearing registration No.TN-45-N-1847, which came from opposite direction from Namakkal to Trichy, driven by its driver in a rash and negligent manner and dashed against the deceased. Due to which, the deceased had sustained severe head injuries. Immediately, he was admitted in C.M. Hospital, Namakkal, where he died on the next day i.e. on 27.06.2006. The claimants are wife, minor daughter, and minor son of the deceased. They claimed a sum of Rs.9,35,000/-as compensation but restricted their claim to Rs.8,00,000/- before the Tribunal. The appellant-Transport Corporation has resisted the claim. On pleadings the Tribunal framed the following issues:- "1. Whether the accident had occurred due to the rash and negligent driving of the driver of the appellant-Transport Corporation or not? 2. Whether the claimants are entitled to any claim? 3. If so, how much?" After considering the oral and documentary evidence, the Tribunal held that the accident had occurred only due to the rash and negligent driving of the driver of the appellant-Transport Corporation and awarded a compensation of Rs.5,22,000/-with interest at 7.5% per annum from the date of petition and the details of the same are as under:- Loss of income Rs.5,10,000/- Loss of consortium Rs. 10,000/- Funeral expenses Rs. 2,000/- Total... Rs.5,22,000/- Aggrieved by that award, the appellant-Transport Corporation has filed the present appeal. 4. The learned counsel appearing for the appellant/Transport Corporation questioned only quantum of compensation awarded by the Tribunal and contended that the amount awarded by the Tribunal is excessive, exorbitant, without basis and justification and that therefore, the award passed by the Tribunal is not in accordance with law and the same has to be set aside. 5. 4. The learned counsel appearing for the appellant/Transport Corporation questioned only quantum of compensation awarded by the Tribunal and contended that the amount awarded by the Tribunal is excessive, exorbitant, without basis and justification and that therefore, the award passed by the Tribunal is not in accordance with law and the same has to be set aside. 5. Learned counsel appearing for the respondents/claimants submitted that the Tribunal had considered all the relevant materials and evidence on record and came to the right conclusion and awarded a just, fair and reasonable compensation. Hence the order of the Tribunal is in accordance with law and the same has to be confirmed. 6. Heard the counsel. On the side of the claimants, PWs.1 to 3 were examined and documents Exs.P1 and P11 were marked. On the side of the appellant-Transport Corporation, RW.1-Karunanithi, who is the driver of the bus was examined and Ex.R1-certified copy of judgment in CC.No.89 of 2006 made by the Judicial Magistrate No.II was marked. PW1 is the certificate copy of the First Information Report. Ex.P2 is the certified copy of the post mortem certificate. Ex.P3 is the Inquest report. Exs.P4 and P5 are the Certified copies of the Motor Vehicle Inspectors Reports. Ex.P6 is the certified copy of the charge sheet. Ex.P7 is the certified copy of the judgment. Ex.P8 is the original death certificate. Ex.P9 is the attested copy of driving licence. Ex.P10 is the legal heir certificate. Ex.P11 are the series of medical bills. After considering the above oral and documentary evidence, the Tribunal had given a categorical finding that the accident had occurred only due to the rash and negligent driving of the driver of the appellant-Transport Corporation and the finding is based on valid materials and evidence. 7. In the case of Sarla Verma And Others Vs. Delhi Transport Corporation And Another Reported In (2009) 4 MLJ 997, the Apex Court has considered the relevant factors to be taken into consideration before awarding compensation and held as follows: "7. Before considering the questions arising for decision, it would be appropriate to recall the relevant principles relating to assessment of compensation in cases of death. Earlier, there used to be considerable variation and inconsistency in the decisions of Courts Tribunals on account of some adopting the Nance method enunciated in Nance V. British Columbia Electric Rly. Co. Before considering the questions arising for decision, it would be appropriate to recall the relevant principles relating to assessment of compensation in cases of death. Earlier, there used to be considerable variation and inconsistency in the decisions of Courts Tribunals on account of some adopting the Nance method enunciated in Nance V. British Columbia Electric Rly. Co. Ltd. (1951) AC 601 and some adopting the Davies method enunciated in Davies V. Powell Duffryn Associated Collieries ltd., (1942) AC 601. The difference between the two methods was considered and explained by this Court in General Manager, Kerala State Road Transport Corporation Vs. Susamma Thomas AIR 1994 SC 1631 : (1994) 2 SCC 176 . After exhaustive consideration, this Court preferred the Davies method to Nance method. We extract below the principles laid down in General Manager, Kerala State Road Transport Corporation V. Susamma Thomas (supra). "In fatal accident action, the measure of damage is the pecuniary loss suffered and is likely to be suffered by each dependent as a result of the death. The assessment of damages to compensate the dependants is beset with difficulties because from the nature of things, it has to take into account many imponderables, e.g., the life expectancy of the deceased and the dependants, the amount that the deceased would have earned during the remainder of his life, the amount that he would have contributed to the dependants during that period, the chances that the deceased may not have live or the dependants may not live up to the estimated remaining period of their life expectancy, the chances that the deceased might have got better employment or income or might have lost his employment or income altogether." "The manner of arriving at the damages is to ascertain the net income of the deceased available for the support of himself and his dependants, and to deduct therefrom such part of his income as the deceased was accustomed to spend upon himself, as regards both self-maintenance and pleasure, and to ascertain what part of his net income the deceased was accustomed to spend for the benefit of the dependants. Then that should be capitalised by multiplying it by a figure representing the proper number of year’s purchase." "The multiplier method involves the ascertainment of the loss of dependency or the multiplicand having regard to the circumstances of the case and capitalizing the multiplicand by an appropriate multiplier. Then that should be capitalised by multiplying it by a figure representing the proper number of year’s purchase." "The multiplier method involves the ascertainment of the loss of dependency or the multiplicand having regard to the circumstances of the case and capitalizing the multiplicand by an appropriate multiplier. The choice of the multiplier is determined by the age of the deceased (or that of the claimants whichever is higher) and by the calculation as to what capital sum, if invested at a rate of interest appropriate to a stable economy, would yield the multiplicand by way of annual interest. In ascertaining this, regard should also be had to the fact that ultimately the capital sum should also be consumed-up over the period for which the dependency is expected to last." "It is necessary to reiterate that the multiplier method is logically sound and legally well-established. There are some cases which have proceeded to determine the compensation on the basis of aggregating the entire future earnings for over the period the life expectancy was lost, deducted a percentage therefrom towards uncertainties of future life and award the resulting sum as compensation. This is clearly unscientific. For instance, if the deceased was, say 25 years of age at the time of death and the life expectancy is 70 years, this method would multiply the loss of dependency for 45 years— virtually adopting a multiplier of 45 — and even if one-third or one-fourth is deducted therefrom towards the uncertainties of future life and for immediate lump sum payment, the effective multiplier would be between 30 and 34. This is wholly impermissible." In UP State Road Transport Corporation V. Trilok Chandra (1996) 4 SCC 362 , this Court, while reiterating the preference to Davies method followed in General Manager, Kerala State Road Transport Corporation V. Susamma Thomas (supra), stated thus: "In the method adopted by Viscount Simon in the case of Nance also, first the annual dependency is worked out and then multiplied by the estimated useful life of the deceased. This is generally determined on the basis of longevity. But then, proper discounting on various factors having a bearing on the uncertainties of life, such as, premature death of the deceased or the dependent, remarriage, accelerated payment and increased earning by wise and prudent investments, etc., would become necessary. This is generally determined on the basis of longevity. But then, proper discounting on various factors having a bearing on the uncertainties of life, such as, premature death of the deceased or the dependent, remarriage, accelerated payment and increased earning by wise and prudent investments, etc., would become necessary. It was generally felt that discounting on various imponderables made assessment of compensation rather complicated and cumbersome and very often as a rough and ready measure, one-third to one-half of the dependency was reduced, depending on the life span taken. That is the reason why courts in India as well as England preferred the Davies formula as being simple and more realistic. However, as observed earlier and as pointed out in Susamma Thomas case, usually English courts rarely exceed 16 as the multiplier. Courts in India too followed the same pattern till recently when tribunals/courts began to use a hybrid method of using Nance method without making deduction for imponderables..... Under the formula Advocated by Lord Wright in Davies, the loss has to be ascertained by first determining the monthly income of the deceased, then deducting therefrom the amount spent on the deceased, and thus assessing the loss to the dependants of the deceased. The annual dependency assessed in this manner is then to be multiplied by the use of an appropriate multiplier". (emphasis supplied) 8. In the case of Syed Basheer Ahamed And Others Vs. Mohammed Jameel And Another Reported In (2009) 2 Supreme Court Cases 225, the Apex Court has held as follows: "13. Section 168 of the Act enjoins the Tribunal to make an award determining “the amount of compensation which appears to be just”. However, the objective factors, which may constitute the basis of compensation appearing as just, have not been indicated in the Act. Thus, the expression “which appears to be just” vests a wide discretion in the Tribunal in the matter of determination of compensation. Nevertheless, the wide amplitude of such power does not empower the Tribunal to determine the compensation arbitrarily, or to ignore settled principles relating to determination of compensation. 14. Similarly, although the Act is a beneficial legislation, it can neither be allowed to be used as a source of profit, nor as a windfall to the persons affected nor should it be punitive to the person(s) liable to pay compensation. 14. Similarly, although the Act is a beneficial legislation, it can neither be allowed to be used as a source of profit, nor as a windfall to the persons affected nor should it be punitive to the person(s) liable to pay compensation. The determination of compensation must be based on certain data, establishing reasonable nexus between the loss incurred by the dependants of the deceased and the compensation to be awarded to them. In a nutshell, the amount of compensation determined to be payable to the claimant(s) has to be fair and reasonable by accepted legal standards. 15. In Kerala SRTC v. Susamma Thomas2, M.N. Venkatachaliah, J. (as His Lordship then was) had observed that: (SCC p.181, para 5) “5. … The determination of the quantum must answer what contemporary society ‘would deem to be a fair sum such as would allow the wrongdoer to hold up his head among his neighbours and say with their approval that he has done the fair thing’. The amount awarded must not be niggardly since the ‘law values life and limb in a free society in generous scales’.” At the same time, a misplaced sympathy, generosity and benevolence cannot be the guiding factor for determining the compensation. The object of providing compensation is to place the claimant(s), to the extent possible, in almost the same financial position, as they were in before the accident and not to make a fortune out of misfortune that has befallen them. 18. The question as to what factors should be kept in view for calculating pecuniary loss to a dependant came up for consideration before a three-Judge Bench of this Court in Gobald Motor Service Ltd. v. R.M.K. Veluswami, with reference to a case under the Fatal Accidents Act, 1855, wherein, K. Subba Rao, J. (as His Lordship then was) speaking for the Bench observed thus: (AIR p.1) “In calculating the pecuniary loss to the dependants many imponderables enter into the calculation. Therefore, the actual extent of the pecuniary loss to the dependants may depend upon data which cannot be ascertained accurately, but must necessarily be an estimate, or even partly a conjecture. Therefore, the actual extent of the pecuniary loss to the dependants may depend upon data which cannot be ascertained accurately, but must necessarily be an estimate, or even partly a conjecture. Shortly stated, the general principle is that the pecuniary loss can be ascertained only by balancing on the one hand the loss to the claimants of the future pecuniary benefit and on the other any pecuniary advantage which from whatever source comes to them by reason of the death, that is, the balance of loss and gain to a dependant by the death must be ascertained.” 19. Taking note of the afore extracted observations in Gobald Motor Service Ltd. in Susamma Thomas it was observed that: (Susamma Thomas case, SCC p.182, para 9) “9. The assessment of damages to compensate the dependants is beset with difficulties because from the nature of things, it has to take into account many imponderables e.g. the life expectancy of the deceased and the dependants, the amount that the deceased would have earned during the remainder of his life, the amount that he would have contributed to the dependants during that period, the chances that the deceased may not have lived or the dependants may not live up to the estimated remaining period of their life expectancy, the chances that the deceased might have got better employment or income or might have lost his employment or income altogether.” 20. Thus, for arriving at a just compensation, it is necessary to ascertain the net income of the deceased available for the support of himself and his dependants at the time of his death and the amount, which he was accustomed to spend upon himself. This exercise has to be on the basis of the data, brought on record by the claimant, which again cannot be accurately ascertained and necessarily involves an element of estimate or it may partly be even a conjecture. The figure arrived at by deducting from the net income of the deceased such part of income as he was spending upon himself, provides a datum, to convert it into a lump sum, by capitalising it by an appropriate multiplier (when multiplier method is adopted). An appropriate multiplier is again determined by taking into consideration several imponderable factors. The figure arrived at by deducting from the net income of the deceased such part of income as he was spending upon himself, provides a datum, to convert it into a lump sum, by capitalising it by an appropriate multiplier (when multiplier method is adopted). An appropriate multiplier is again determined by taking into consideration several imponderable factors. Since in the present case there is no dispute in regard to the multiplier, we deem it unnecessary to dilate on the issue." After considering the principles enunciated in the judgments cited supra, let me consider the facts of the present case. 9. At the time of the accident, the deceased-Sekar was aged about 33 years. PW1, who is the wife of the deceased, has deposed that at the time of the accident the deceased was doing Tinkering work in Mechanic shop and was earning Rs.8000/- per month. In Ex.P2-Post mortem certificate and Ex.P8-death certificate, the age of the deceased was mentioned as 33 years. PW-3-Muthu, who is the owner of the Mechanic shop, has stated that the deceased was worked under him. After considering oral and documentary evidence, the Tribunal was of the view that the deceased would have earned Rs.4,000/- per month and after deducting a sum of Rs.1,500/- towards personal expenses, taken the balance sum of Rs.2,500/-towards monthly contribution to the deceaseds family and determined the annual income at Rs.30,000/- per annum. The Tribunal, as per Section 163(A) of the II Schedule of Motor Vehicles Act, has applied the multiplier of 17 and determined the loss of income at Rs.5,10,000/- (Rs.30,000/-x 17). The learned counsel appearing for the appellant-Transport Corporation submitted that the Tribunal ought not to have adopted the multiplier of 17 and relied on the decision of Supreme Court in the case of Sarla Verma And Others Vs. Delhi Transport Corporation And Another Reported In (2009) 4 Mlj 997, wherein in para 21, it has been held as follows: "21. We therefore hold that the multiplier to be used should be as mentioned in column (4) of the Table above (prepared by applying General Manager, Kerala State Road Transport Corporation Vs. Susammal Thomas (Supra), U.P. State Road Transport Corporation Vs. Trilok Chandra (Supra) And New India Assurance Company Limited Vs. We therefore hold that the multiplier to be used should be as mentioned in column (4) of the Table above (prepared by applying General Manager, Kerala State Road Transport Corporation Vs. Susammal Thomas (Supra), U.P. State Road Transport Corporation Vs. Trilok Chandra (Supra) And New India Assurance Company Limited Vs. Charlie (Supra), which starts with an operative multiplier of 18 (for the age groups of 15 to 20 and 21 to 25 years), reduced by one unit for every five years, that is M-17 for 26 to 30 years, M-16 for 31 to 35 years, M-15 for 36 to 40 years, M-14 for 41 to 45 years, and M-13 for 46 to 50 years, then reduced by two units for every five years, that is, M-11 for 51 to 55 years, M-9 for 56 to 60 years, M-7 for 61 to 65 years and M-5 for 66 to 70 years." In the present case, the age of the deceased was 33 years at the time of the accident. Following the above decision, for the age of 31 to 35, the multiplier to be adopted in this case is 16. The Tribunal is correct in awarding monthly as well as annual income at Rs.30,000/- per annum. If multiplier 16 is adopted, the loss of income works out to Rs.4,80,000/- (Rs.30,000/- x 16). The Tribunal has awarded a sum of Rs.10,000/-towards loss of consortium. At the time of the accident, the age of the wife is 28 years. Considering the same, I feel that the amount awarded under this head is very reasonable and the same is confirmed. The learned counsel appearing for the appellant-Transport Corporation submitted that no amount has been awarded towards loss of love and affection. The claimants are wife and two minor children. Considering claimants 2 and 3, who are minors, I feel that it would be appropriate to award a sum of Rs.20,000/- (Rs.10,000/- each) towards loss of love and affection. The Tribunal has awarded a sum of Rs.2,000/- towards funeral expenses, which I feel is very low and it would be very reasonable to award a sum of Rs.5000/-under this head as against Rs.2,000/- awarded by the Tribunal. The Tribunal has awarded interest at the rate of 7.5% per annum, which I feel is very reasonable and the same is confirmed. The modified amount of compensation is as follows: Loss of income Rs. The Tribunal has awarded interest at the rate of 7.5% per annum, which I feel is very reasonable and the same is confirmed. The modified amount of compensation is as follows: Loss of income Rs. 4,80,000/- Loss of consortium Rs. 10,000/- Loss of love and affection (each Rs.10,000) Rs. 20,000/- Funeral expenses Rs. 5,000/- Total... Rs.5,15,000/- Therefore, the claimants are entitled to the modified compensation of Rs.5,15,000/-as against Rs.5,22,000/- awarded by the Tribunal with interest at 7.5% p.a. from the date of petition. 10. The learned counsel appearing for the appellant-Transport Corporation has submitted that already entire award amount has been deposited as per order of this Court dated 09.09.2009. The claimants are entitled to the modified award amount of Rs.5,15,000/- with interest at 7.5% p.a. from the date of petition. The first claimants is permitted to withdraw her share with accrued interest thereon as apportioned by the Tribunal, after adjusting the amount, if any, already withdrawn on making proper application. In respect of minor claimants 2 and 3 are concerned, their share shall be continued in the fixed deposit in the Nationalised Bank till they attaining majority. The first claimant is also permitted to withdraw accrued interest thereon once in three months. The appellant-Transport Corporation is permitted to withdraw the balance amount, if any, on making proper application. 11. With the above modification, the Civil Miscellaneous Appeal is disposed of. No costs. Consequently, M.P. No.1 of 2009 is closed.