AI Overview

AI Overview...

  • Section 147 - Scope and Meaning: Section 147 of the Motor Vehicles Act, 1939, is comprehensive, covering various aspects related to motor vehicle insurance and liability. It was amended by the Motor Vehicles Act, 1988, which integrated provisions previously under Section 95 of the 1939 Act, emphasizing the importance of insurance policies and limits of liability for motor vehicles. The section aims to ensure adequate third-party insurance coverage New India Assurance Co. Ltd. VS Shakuntala Devi - Jammu and Kashmir.

  • Insurance Chapter and Related Sections: Chapter XI of the Act, encompassing Sections 145 to 164, deals specifically with the insurance of motor vehicles against third-party risks. Section 157, in particular, is significant within this chapter, providing definitions and clarifications relevant to the provisions concerning motor vehicle insurance. The transition from the Old Act (1939) to the New Act (1988) involved notable amendments, including the introduction of Section 157, which aligns with the objectives of ensuring compulsory insurance and delineating liabilities M/s. Complete Insulations (P) Ltd. v. New India Assurance Co. Ltd. - Supreme Court.

  • Analysis and Conclusion: The amendments introduced by the Motor Vehicles Act, 1988, modernized and expanded the scope of the original 1939 legislation, especially in terms of insurance obligations and third-party risk coverage. Sections 147 and 157 are central to understanding the legal framework governing motor vehicle insurance, emphasizing compulsory coverage and defining key terms to facilitate effective enforcement and compliance. Overall, the Act aims to protect third-party interests and regulate motor vehicle liabilities comprehensively New India Assurance Co. Ltd. VS Shakuntala Devi - Jammu and Kashmir, M/s. Complete Insulations (P) Ltd. v. New India Assurance Co. Ltd. - Supreme Court.

Search Results for "164 Motor Vechele Act"

SupremeToday Landscape Ad

Filter by Legal Phrase

SupremeToday Portrait Ad

Legal Issues on Supreme Today AI

logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top