Information as per gr 24(a)(d) of india motor tariff
Vishwanath
(Querist) 07 January 2016
This query is : Resolved
Hello,
GR 24(A)(d) of the India Motor Tariff prescribes that an Insurer in the event of cancellation of a motor insurance policy shall inform the Regional Transport Authority concerned by recorded delivery. But, they are not informing the RTOs in reality. They did not respond even to letters from the RTOs/Commissioner for Transport calling for the said information. Kindly guide me on the provisions/laws as per which an RTO/Commissioner for Transport can call for the said information and what actions can they initiate against the insurers for the said intentional failure/violation .
Regards,
Vishwanath
J K Agrawal
(Expert) 07 January 2016
The insurance company is duty bound to inform as stated. There are so many citations in which court assumed the policy to be continue one and imposed liability of accident claims.
The IRDA has ample powers against such companies and it can even cancel license of the insurer on this ground.
J K Agrawal
(Expert) 07 January 2016
The insurance company is duty bound to inform as stated. There are so many citations in which court assumed the policy to be continue one and imposed liability of accident claims.
The IRDA has ample powers against such companies and it can even cancel license of the insurer on this ground.
P. Venu
(Expert) 08 January 2016
Material facts are missing for offering any specific suggestion.
Dr J C Vashista
(Expert) 09 January 2016
Incomplete information, consult a local lawyer with all relevant details and documents.
Vishwanath
(Querist) 08 July 2016
Thank you Mr. J.K.Agrawal Sir
Vishwanath
(Querist) 08 July 2016
Mr.Goyal..it's advisable not to reply with unwanted and irrelevant statements in case you have no knowledge on the subject query
