Insurer Liable for Compensation Even if Vehicle is Sold; Liability Rests with Registered Owner Until Transfer is Formalized: Supreme Court

The Supreme Court has ruled that in motor accident compensation claims, the registered owner remains liable to pay until the transfer of ownership is formally completed, and such liability must be indemnified by the insurer, even if the vehicle has been sold or possession handed over. A Bench of Justice K. Vinod Chandran and Justice

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