SANJEEB PADHI
(Expert) 21 September 2010
Hi Tarun, If the buffalo has got hit by any Motor Vehicle having a valid Policy of Insurance and there is no breach of the other terms & conditions of the policy by the owner/insured, then, I believe, yours is a case u/s. 166 mv Act and the liability of the insurer is limited to what is envisaged in the act towards Third Party property Damage i.e. to a maximum sum of Rs.6000/- only.
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