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MVA, 1988
Start Practicing
MVAChapter XISection 145
Section145

Definitions

Bare Act

Enacted text

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), and any Government insurance fund authorised to do general insurance business under that Act;

  • (b) “certificate of insurance” means a certificate issued by an authorised insurer in pursuance of sub-section (3) of section 147 and includes a cover note complying with such requirements as may be prescribed, and where more than one certificate has been issued in connection with a policy, or where a copy of a certificate has been issued, all those certificates or that copy, as the case may be;

  • (c) “liability”, wherever used in relation to the death of or bodily injury to any person, includes liability in respect thereof under section 140;

  • (d) “policy of insurance” includes “certificate of insurance”;

  • (e) “property” includes goods carried in the motor vehicle, roads, bridges, culverts, causeways, trees, posts and mile-stones;

  • (f) “reciprocating country” means any such country as may on the basis of reciprocity be notified by the Central Government in the Official Gazette to be a reciprocating country for the purposes of this Chapter;

  • (g) “third party” includes the Government.

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XI

Chapter XI

Insurance of Motor Vehicles Against Third Party Risks

In this chapter

  • 145Definitions
  • 146Necessity for insurance against third party risk
  • 147Requirements of policies and limits of liability
  • 148Validity of policies of insurance issued in reciprocating countries
  • 149Duty of insurers to satisfy judgments and awards against persons insured in respect of third party risks
  • 150Rights of third parties against insurers on insolvency of the insured
  • 151Duty to give information as to insurance
  • 152Settlement between insurers and insured persons
  • 153Saving in respect of sections 150, 151 and 152
  • 154Insolvency of insured persons not to affect liability of insured or claims by third parties
  • 155Effect of death on certain causes of action
  • 156Effect of certificate of insurance
  • 157Transfer of certificate of insurance
  • 158Production of certain certificates, license and permit in certain cases
  • 159Production of certificate of Insurance on application for authority to use vehicle
  • 160Duty to furnish particulars of vehicle involved in accident
  • 161Special provisions as to compensation in case of hit and run motor accident
  • 162Refund in certain cases of compensation paid under section 161
  • 163Scheme for payment of compensation in case of hit and run motor accidents
  • 163ASpecial provisions as to payment of compensation on structured formula basis
  • 163BOption to file claim in certain cases
  • 164Power of Central Government to make rules
Previous · Section 144Overriding effectNext · Section 146Necessity for insurance against third party risk