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    <title>2003 (2) TMI 497 - Supreme Court</title>
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    <description>Under the compulsory motor vehicle insurance scheme, an insurer cannot avoid liability to an innocent third-party claimant merely because the driver&#039;s licence is fake or the driver was not duly licensed; the statutory defence of breach is confined to breach attributable to the insured, and the insurer must prove wilful breach or knowledge on the insured&#039;s part. The scheme also requires the insurer to satisfy the award first, while any recovery from the insured is only available within the limits of the statutory framework. The object is to ensure real compensation to accident victims and prevent third-party awards from becoming unenforceable.</description>
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    <pubDate>Fri, 28 Feb 2003 00:00:00 +0530</pubDate>
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      <title>2003 (2) TMI 497 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=176667</link>
      <description>Under the compulsory motor vehicle insurance scheme, an insurer cannot avoid liability to an innocent third-party claimant merely because the driver&#039;s licence is fake or the driver was not duly licensed; the statutory defence of breach is confined to breach attributable to the insured, and the insurer must prove wilful breach or knowledge on the insured&#039;s part. The scheme also requires the insurer to satisfy the award first, while any recovery from the insured is only available within the limits of the statutory framework. The object is to ensure real compensation to accident victims and prevent third-party awards from becoming unenforceable.</description>
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      <pubDate>Fri, 28 Feb 2003 00:00:00 +0530</pubDate>
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