Mr. Bal Malkit Singh, the President of “All India Motor Transport Congress (AIMTC)” was interviewed by TruckStrategy.com where he addressed various Issues Affecting Road Transport Sector. In this section he discuss Proposed "Motor Vehicles Insurance and Compensation Act 2011"
The Ministry of Finance has initiated a Bill to separate motor insurance from the Motor Act, 1988 ("Act of 1988"). It has been proposed to amend the Act of 1988 by deleting Section(s) 140 to 173 of the Act of 1988 and enacting a special new act titled "Motor Vehicles Insurance and Compensation Act,2011" (hereinafter referred to as "New Act").oad Act.
Source: Autobei
Source: Autobei
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