Over 50% vehicles on Indian road uninsured – Insurance Information Bureau
More than half the vehicles on the road in India are running without any insurance cover – a mandatory provision Read more
Motor Vehicles Act
INSURANCE LAW – MOTOR VEHICLES ACT – COMPENSATION PAYMENT – SUPREME COURT
I. COMMON ISSUES: 1. Whether the High Courts erred in law in granting compensation to the Claimants under the heads Read more
IRDAI committee proposes insurance for drones in line with aviation liability
A Working Committee of the Insurance Regulatory and Development Authority of India (Irdai) has recommended a comprehensive insurance cover for Read more
Issue of negligence cannot be raised under section 163A of Motor Vehicles Act
The Supreme Court has underlined that an insurance company cannot raise the issue of negligence by a road accident victim Read more
Vehicles plying without insurance to be penalised
The Haryana transport department has asked all secretaries of the regional transport authorities (RTA) in the state to take action against those found plying vehicles without the mandatory insurance required under provisions of the Motor Vehicles Act, 1988.
Procedure of filing an application for compensation in Motor Accident Claims Tribunal
An application for compensation arising out of an accident U/S 166 of Motor Vehicles Act, 1988 may be made:- Read more
Necessity of third party insurance? Who are exempted from it
Section 146 of the Motor Vehicles Act, 1988 provides that no person shall use ( except as a passenger), or allow any other person to use, a motor vehicle in a public place, unless the vehicle is covered by a policy of insurance complying with the requirement of the Act. Read more
Rights of third parties against insurers on insolvency of the insured
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. Read more
Plying of buses without insurance; authorities seek time to file reply
In the case of a Public Interest Litigation (PIL) filed against the plying of Chandigarh Transport Undertaking (CTU) buses on roads without mandatory insurance under the Motor Vehicle Act, Chandigarh home-cum-transport secretary, state transport authority, deputy commissioner, deputy superintendent of police (traffic) and the CTU manager have sought more time from the court to file their replies. Read more
Motor insurance to see new disclosure norms in FY14
If you are an individual caught by traffic police time and again for violating rules and have a record of paying fines, a motor insurance policy might be denied to you. Every person would be required to disclose this information while taking a policy. Read more
