The SC is scheduled to hear a case on 3rdApril 2019 where the framework for providing compensation in hit and run cases
is likely to be submitted.
The SC had accepted court appointed committee’s
recommendation to increase the minimum compensation for death in a hit-and-run
case to Rs 2 lakh and Rs. 50000 for injured persons. The Supreme Court had
constituted the committee headed by Justice Radhakrishnan in 2014.
The Court has observed that the present amount
of compensation is too less and the law should be amended to enhance the
amount. It has directed the Centre and General Insurance Council to frame a
scheme of payment of compensation to ensure that the amount is paid to the
right claimant till the law is amended.
In ‘Hit & Run’ cases, accident victims are
eligible for compensation through a Special Fund constituted in terms of
Section 163 of the Motor Vehicles Act, 1988 called ‘Solatium Fund’. It is
contributed by general insurance industry under an agreed formula.
At present, the amount of Compensation is Rs.
25,000 in the event of death and Rs. 12,500 for grievous injuries.