Under section 157(2) of the Motor Vehicles Act, 1988, on the transfer of a vehicle the transferee must…
Since 15 August 2026 (Jan Vishwas (Amendment of Provisions) Act, 2026), section 157(2) of the Motor Vehicles Act, 1988 requires the transferee to apply to the insurer within…
Choose your answer
Under section 157(2) of the Motor Vehicles Act, 1988, on the transfer of a vehicle the transferee must apply to the insurer for the necessary changes in the certificate of insurance and the policy within:
Answer and explanation
Correct answer D
Since 15 August 2026 (Jan Vishwas (Amendment of Provisions) Act, 2026), section 157(2) of the Motor Vehicles Act, 1988 requires the transferee to apply to the insurer within thirty days from the date of transfer for the necessary changes in the certificate of insurance and the policy (formerly fourteen days).
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