Motor Accidents | Insurer of Registered Owner Liable If Vehicle Registration Not Changed After Transfer: Supreme Court
In a recent and significant judgment, the Supreme Court of India interpreted the responsibility of an insurance company under the Motor Vehicles Act, 1988, especially focusing on the liability for third-party compensation in cases where the registered ownership of a vehicle is not formally transferred, despite an agreement of sale. The ruling emphasizes that as long as the vehicle registration remains unchanged, the registered owner and his insurer remain liable…