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.
MOTOR VEHICLES ACT, 1939 - Section 147 - Section 147 of the Act is comprehensive in its scope and meaning. ... ... Section 95 of the Motor Vehicles Act, 1939 deals with the requirement of policies and limits of liability. This Act has been amended by the Motor Vehicles Act, 1988 in which Section 147 deals with the subject matter covered by old Section 95. ... view of the object and intendment of amended Section 147 of the Motor Veh....
S.157 appears in Chapter XI entitled 'Insurance of Motor Vehicles against Third Party Risks' and comprises S.145 to 164. S.145 defines certain expressions used in the various provisions of that chapter. ... Before proceeding further it is necessary to examine the provision of S.103-A of the Motor Vehicles Act, 1939, hereinafter called the 'Old Act' and S.157 of the New Act, in juxtaposition : ... 4. ... The New Act came into force with effect from 1st July, 1989. S....
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.