Supreme Court of India

Central Bank of India v. Jagbir Singh

Neutral citation
Reported as [2015] 3 S.C.R. 930
Bench Dipak Misra and Prafulla C. Pant JJ.
Decided 16 April 2015

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.

From the headnote

Consumer Protection Act, 1986 - s.14(1)(d) - Motor accident - Compensation - Liability - Vehicle purchased · with loan sanctioned by the Bank to the owner of the vehicle - Initially vehicle insured, however; on the date of accident vehicle not insured with any of the insurance 0 company - Said vehicle involved in the accident - Award of compensation against the owner of the vehicle - Liability of the financer-creditor bank - Held: Liability of the creditor bank, to get the vehicle insured is only till the vehicle comes out on the road - Creditor bank is not liable to get the insurance policy

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