Is Deemed Transfer Of Motor Insurance Policy On Sale Of Vehicle Applicable Only To Third Party Risks? Supreme Court Refers To Larger Bench

In a significant ruling, the Supreme Court of India, in Civil Appeal No. of 2024, has granted leave to appeal in the matter of Jaswinder Singh vs. The New India Assurance Company Ltd. & Others. The case, arising from Special Leave Petition (Civil) No. 28825 of 2015, revolves around the interpretation of Section 157 of the Motor Vehicles Act, 1988. Background: Jaswinder Singh, the appellant, purchased a car and applied…