Supreme Court of India
United India Insurance Co. Ltd. v. Laxmamma & Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
1 Supreme Court bench has cited this judgment.
From the headnote
Motor Vehicles Act, 1988 - ss. 146, 147 and 149 - Insurer's liability against third party risk - Limits of - Owner of the vehicle taking an insurance policy for a year and paying the premium through cheque - Said cheque towards the premium got disho'loured - Subsequent to the accident, insurer cancelled the insurance policy - Liability of insurer to indemnify third party under the insurance policy - Held: Liability of authorized insurer to indemnify third parties o subsists and the insurer has to satisfy award of compensation unless the policy of insurance is cancelled by the authorized
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