SC refuses to extend deadline, new vehicle insurance norms kick in tomorrow

August 31, 2018 17:50

From tomorrow, it would become mandatory for new cars and two-wheelers to have third-party insurance cover of three and five years respectively, with the Supreme Court today refusing to extend the September 1 deadline.

A bench of Justices Madan B Lokur and S Abdul Nazeer dismissed an application filed by General Insurance Council, constituted under provision of the Insurance Act 1938 by Insurance Regulatory and Development Authority, seeking extension of the deadline fixed by the top court.

The apex court had on July 20 this year said that third-party insurance cover for new cars should mandatorily be for a period of three years and for two wheelers, it should be for five years. Currently, the insurance cover period is one year.

The court had then directed that the decision be implemented from September 1.

« Back to LIVE

TOP STORIES

ED recovers Rs 30 cr from domestic help of J'khand minister's secretary

The premises are alleged to be of the domestic help of Jharkhand Rural Development Minister Alamgir Alam's personal secretary Sanjiv Lal.

Breweries stir up barrels with mercury rising

For all the livelong years it has been around, beer has been associated with leisure and relaxation. Of late, it has become more than just a beverage. Both amateurs and aficionados prefer an uncorked chilled beer to unwind on a...

LG recommends NIA probe against Kejriwal for funding from banned SFJ

Delhi Lt Governor V K Saxena has recommended an NIA probe against Chief Minister Arvind Kejriwal for allegedly receiving political funding from the banned terrorist organisation 'Sikhs for Justice', Raj Niwas sources said on Monday.

2 months interim bail for Jet Air founder Naresh Goyal

The Bombay high court on Monday granted interim bail for two months on medical grounds to Jet Airways founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case. A single bench of Justice...

Uganda to field oldest player at 2024 T20 World Cup

In the Africa Qualifiers, Uganda finished second in the Regional Final, behind Namibia, to seal their berth.