What the Supreme Court held on Third Party Insurance Cover for new cars/ two-wheelers [Read Order]July 24 2018
In an order passed on July 20, the Supreme Court has directed that Third Party Insurance Cover of three years for cars and five years for two-wheelers shall be mandatory with respect to new vehicles sold from September 1.
Such policy shall be sold as a separate product or as part of the comprehensive insurance product.
The directions were passed by a Bench of Justices Madan B Lokur and Deepak Gupta in a 2012 petition by S Rajaseekaran . . .
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