Motor Vehicles Act
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![Where a vehicle was subject of a Hypothecation Agreement and without an Insurance Policy, the financier is not liable to pay the claim in the event of an accident; The person in control and possession of the vehicle should be construed as the owner and not alone the registered owner; SC Where a vehicle was subject of a Hypothecation Agreement and without an Insurance Policy, the financier is not liable to pay the claim in the event of an accident; The person in control and possession of the vehicle should be construed as the owner and not alone the registered owner; SC](https://www.livelaw.in/cms/wp-content/uploads/2014/06/SC-LL-Size.jpg)
Where a vehicle was subject of a Hypothecation Agreement and without an Insurance Policy, the financier is not liable to pay the claim in the event of an accident; The person in control and possession of the vehicle should be construed as the owner and not alone the registered owner; SC
3 Dec 2014 4:29 AM GMT