Nettet27. mai 2024 · Third-party insurance for motor vehicles is a statutory requirement and benefits the liability of the insured towards the death or disability of the third … Nettet26. jan. 2024 · AN ACT TO MAKE PROVISIONS AGAINST THIRD PARTY RISKS ARISING OUT OF THE USE OF MOTOR VEHICLES. Short title. 1. This Act may be …
Motor Vehicle Insurance (Third Party Risks) Act (Chapter 214)
NettetChapter XI – Insurance of Motor Vehicles Against Third Party Risks Section 145 – Definitions. In this Chapter – “authorised insurer” means an insurer for the time being carrying on general insurance business in India under the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972), and any Government insurance fund … NettetSections Subsidiary Legislation 1. Short title This Act may be cited as the Insurance (Motor Vehicles Third Party Risks) Act. 2. Power to suspend operation of Act The … hamrick\u0027s thanksgiving day sale
Motor Vehicle Insurance (Third Party Risks) Act
NettetTHE MOTOR VEHICLE INSURANCE (THIRD PARTY RISKS) ACT. Statutory Instrument 214—1. The Motor Vehicle Insurance (Third Party Risks) Regulations. Arrangement of Regulations. Regulation 1. Citation. 2. Insurer to furnish monthly returns. 3. Settlement of claims. 4. Premium rates. Schedules First Schedule Forms. Second Schedule Premium … Nettet31. des. 2000 · Every insurance company issued with a licence under the Insurance Act shall be required to carry on the business of underwriting third party risks; and where the commissioner is not satisfied that an insurance company is carrying on a reasonable amount of such business, he or she may refuse to issue or to renew a licence to that … Nettet9. apr. 2024 · Chapter XI of Motor Vehicles Act. INSURANCE OF MOTOR VEHICLES AGAINST THIRD PARTY RISKS. Section 145. Definitions. In this Chapter,-(a) “authorised insurer” means an insurer for the time being carrying on general insurance business in India under the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972) … burwick farms apartments