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Central Bank of India vs. Jagbir Singh (SC)

32.00 3.20

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Motor Vehicles Act, 1988–Sec. 146–Insurance of vehicle–Vehicle purchased under hire purchase agreement–Whether the financer-bank can be held under liability to get insurance and renew it ?–Held, no–Impugned orders are liable to be set aside–Creditor-bank is liable to get the vehicle insured
only till the vehicle comes out on the road.