KG2PG

Q1: 1. In the Motor Vehicles Act, 1988, Section 150 deals with

Q2: 2. When can third parties claim against the insurer under Section 150 of the Motor Vehicles Act, 1988?

Q3: 3. What situation triggers the rights of third parties against insurers under Section 150?

Q4: 4. Under Section 150, if the insured becomes insolvent, the third party can directly claim against

Q5: 5. In a real-life scenario, if a driver causes an accident and later goes bankrupt, who can the third party claim against?

Q6: 6. What protection does Section 150 provide for third parties in the event of the insured's insolvency?

Q7: 7. If an insured individual is declared insolvent, the third party's claim against the insurer is

Q8: 8. What is the primary purpose of Section 150 in the Motor Vehicles Act, 1988?

Q9: 9. When can a third party not claim against the insurer under Section 150?

Q10: 10. In a case of insolvency of the insured, the liability of the insurer under Section 150 is

Q11: 11. What happens to the third party's claim if the insured's insolvency is proven false?

Q12: 12. Under Section 150, the insurer is obliged to

Q13: 13. If a third party's claim is rejected by the insurer under Section 150, the third party can

Q14: 14. What documentation is typically required for a third party to claim against the insurer under Section 150?

Q15: 15. If the insured's vehicle is uninsured at the time of the accident, can a third party still claim against the insurer under Section 150?

Q16: 16. In a scenario where the insured is declared insolvent and the insurer fails to pay, the third party can

Q17: 17. If the insured is found to have intentionally caused the accident, can the third party still claim against the insurer under Section 150?

Q18: 18. What happens to the insured's policy if they are declared insolvent under Section 150?

Q19: 19. If the insured's insolvency is due to financial mismanagement, the third party's claim against the insurer is

Q20: 20. How does Section 150 protect third parties from the risks associated with the insured's insolvency?

Q21: 21. If the insured's insolvency is disputed by the insurer, the burden of proof lies with

Q22: 22. Can a third party claim against the insurer under Section 150 if the insured's policy has expired?

Q23: 23. In a situation where the insured is deceased and insolvent, who can the third party claim against?

Q24: 24. If the insured is found to have misrepresented information to the insurer, how does it impact the third party's claim under Section 150?

Q25: 25. What recourse does a third party have if the insurer refuses to honor the claim under Section 150?

Score Summary