Q. What action is an insurer bound to take if a cover note issued is not followed by a policy within the prescribed time, according to Section 147 of the MV Act?

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Q. Under Section 161 of the MV Act, what liability do insurers have in hit and run cases where the identity of the vehicle cannot be ascertained?

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Q. According to Section 171 of the MV Act, what authority does the Tribunal have regarding the payment of interest on the award?

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Q. What time frame does Section 168 of the MV Act specify for the delivery of copies of the award to the parties concerned by the Tribunal?

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Q. As per Section 168 of the MV Act, within what time frame must the person liable to satisfy the award do so?

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Q. Under the Legal Services Authorities Act, 1987, what is the purpose of organising Lok Adalat?

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Q. What directive did IRDA issue in December 2006 regarding motor third party insurance business?

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Q. Who was nominated by IRDA as the administrator of the pooling arrangement for motor third party insurance business?

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Q. When did the Motor Third Party Pool become operational?

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Q. What does GIC's share in the pool depend on?

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Q. Which vehicles does the pool handle under the pooling arrangement?

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Q. What significant change does Section 140(3) bring to the liability determination in motor vehicle accidents?

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Q. What is the compensation amount limit for death under No Fault Liability after the amendment to the Motor Vehicle Act, 1988?

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Q. What is the compensation amount limit for permanent disablement under No Fault Liability after the amendment to the Motor Vehicle Act, 1988?

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Q. How is permanent disablement defined under the Motor Vehicle Act, 1988?

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Q. What happens if the victim proceeds against a wrongdoer on the basis of negligence in suits, and the compensation awarded is higher than the No Fault basis compensation?

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Q. How is a "hit and run accident" defined?

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Q. What compensation amount is fixed for death claims resulting from hit and run accidents, after the amendment to the Motor Vehicles Act, 1988?

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Q. What compensation amount is fixed for 'grievous hurt' claims resulting from hit and run accidents, after the amendment to the Motor Vehicles Act, 1988?

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Q. What condition is attached to the payment of compensation for hit and run accidents, regarding compensation awarded under other provisions of the Motor Vehicles Act or any other law?

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