https://www.taxtmi.com/caselaws?id=193319 The High Court held that no valid sale of the motor vehicle had occurred before the accident, thereby making the seller liable for compensation. The insurance policy lapsed upon the sale of the vehicle, exonerating the insurance company from liability. The court ruled that the insurance company could claim exoneration based on the policy lapse. Ultimately, the seller, insurance company, mechanic, and garage man were jointly liable to pay compensation of Rs. 31,500, with each party responsible for their respective costs. en-us Tue, 09 May 1972 00:00:00 +0530 Mon, 24 Jul 2017 15:21:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193319 The High Court held that no valid sale of the motor vehicle had occurred before the accident, thereby making the seller liable for compensation. The insurance policy lapsed upon the sale of the vehicle, exonerating the insurance company from liability. The court ruled that the insurance company could claim exoneration based on the policy lapse. Ultimately, the seller, insurance company, mechanic, and garage man were jointly liable to pay compensation of Rs. 31,500, with each party responsible for their respective costs. Case-Laws Indian Laws Tue, 09 May 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193319