Which of the following sections deals with requirements of policies of insurance and limits of…
Section 147 of the Motor Vehicles Act, 1988 deals with 'Requirements of policies and limits of liability' for third-party insurance (both prior to and following the Motor…
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Which of the following sections deals with requirements of policies of insurance and limits of liability in the Motor Vehicles Act, 1988?
Answer and explanation
Correct answer C
Section 147 of the Motor Vehicles Act, 1988 deals with 'Requirements of policies and limits of liability' for third-party insurance (both prior to and following the Motor Vehicles (Amendment) Act, 2019). Section 156 deals with the effect of a certificate of insurance, and Section 158 deals with the production of certificates, driving licences, and permits in certain cases.
Option feedback
Option A
Incorrect. Section 156 of the Motor Vehicles Act, 1988 deals with the effect of a certificate of insurance.
Option B
Incorrect. Section 158 of the Motor Vehicles Act, 1988 deals with the production of certain certificates, licence and permit in certain cases.
Option C
Correct. Section 147 of the Motor Vehicles Act, 1988 is specifically titled 'Requirements of policies and limits of liability' and governs the statutory requirements of third-party insurance policies.
Option D
Incorrect. Section 141 of the Motor Vehicles Act, 1988 (in erstwhile Chapter X, omitted by the 2019 Amendment) dealt with provisions as to other right to claim compensation for death or permanent disablement, not insurance policy requirements.
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