law: Multimodal Transportation of Goods Act, 1993 
  17. Assessment of compensation 
  (1) Assessment of compensation for loss of ,or
  
  damage to, the consignment shall be made with reference to the value of such
  
  consignment at the place where, and the time at which, such consignment is
  
  delivered to the consignee or at the place and time when, in accordance with
  
  the multimodal transport contract, it should have been delivered.
  (2) The value of the consignment shall be
  
  determined according to the current commodity exchange price, or if there is no
  
  such price, according to the current market price, or if the current market price
  
  is not ascertainable, with reference to the normal value of a consignment of
  
  the same king and quantity.