| Tribunal pulls up insurance companies | | ‘Don’t ignore obligation, come up with settlement offer without any delay’ | | Early Times Report
Jammu, Mar 14: The Presiding Officer of Motor Accident Claims Tribunal, Doda Amerjeet Singh Langeh while hearing batch of claim petitions under Motor Vehicle Act relating to accident and death cases, has directed New India Insurance Company Ltd , United India Insurance Company Ltd, Go Digit Insurance Company Ltd, IFCO TOKIO General Insurance Company Ltd and Shree Ram Transport Finance Company Ltd to adhere to mandate of Section 149 of Act and to come up with offer of compensation as soon as information of accident, either from claimant or otherwise comes to their notice.
“It is required to be noted that in terms of Section 149 of Motor Vehicles Act, Respondent Insurance Company is under statutory obligation to come up with an offer of compensation/settlement to claimants. This provision is not without purpose and insurance companies therefore can’t afford to observe it in breach.” Observed the Tribunal, adding, “Let respondent insurance company, therefore, also take steps to adhere to the mandate of section 149 of Motor Vehicles Act (Supra) and come up with an offer of compensation by or before the next date.”
The copy of order in each petition was directed to be serves upon concerned respondent insurance company for compliance. JNF |
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