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Sec 140 of Motor Vehicles Act, 1988 deals with the liability without fault. The claimant involved in a motor vehicle accident is not required to prove wrongful act, neglect, or default on the part of the owner of the vehicle or by any other person. Read more
The judgment by district judge N B Dhayatadak awarding Rs 41 lakh to the widow of a chartered accountant recently has far-reaching implications for scores of innocent victims of rash driving and road rage. Read more
Sec 140 of Motor Vehicles Act, 1988 deals with the liability without fault. The claimant involved in a motor vehicle accident is not required to prove wrongful act, neglect, or default on the part of the owner of the vehicle or by any other person. Read more
Sec 150 of Motor Vehicle Act, 1988 provides for the rights of Third parties in the event of the insolvency of the insured or in the event of winding up when the insured is a Company. The Act provides that if, either before or after that event, any third party liability is incurred by the insured, his rights against the insurer under the policy are transferred to the third party to whom the liability was incurred. Read more
The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms. These were: Read more