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Last Updated On: 16/08/2011


INSURANCE OF MOTOR VEHICLES AGAINST THIRD PARTY RISKS

CHAPTER XI

145. Definitions 
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146. Necessity for insurance against third party risk
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147. Requirements of policies and limits of liability  
     
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148. Validity of policies of insurance issued in reciprocating countries  149. Duty of insurers to satisfy judgments and awards against persons   insured in respect of third party risks  
     
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150. Rights of third parties against insurers on insolvency of the insured
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151. Duty to give information as to insurance
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152.
Settlement between insurers and insured persons
153. Saving in respect of sections 150, 151 and 152
154. Insolvency of insured persons not to affect liability of insured or claims by third parties
155. Effect of death on certain causes of action
156. Effect of certificate of insurance
157. Transfer of certificate of insurance 
     
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158.
Production of certain certificates, licence and permit in certain cases
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159. Production of certificate of insurance on application for authority to use vehicle
160.
Duty to furnish particulars of vehicle involved in accident
161.
Special provisions as to compensation in case of hit and run motor accident 
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162. Refund in certain cases of compensation paid under section 161
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163. Scheme for payment of compensation in case of hit and run  motor accidents 
     
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163A. Special provisions as to payment of compensation on structured formula basis
163B. Option to file claim in certain cases
164.   
Power of Central Government to make rules 
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