National Insurance Co. Ltd vs Cholleti Bharatamma & Ors

The Supreme Court addressed the liability of insurance companies under Section 147 of the Motor Vehicles Act, emphasizing that the 1994 amendment expanded coverage to include liability for death or bodily injury to any person, including the owner of goods carried in the vehicle. The Court held that there is no upper limit on the insurer's liability for compensation in cases of death or bodily injury, thereby overruling the previous limitations set by earlier legislation. The judgment clarified that insurance policies must comply with the amended provisions to ensure adequate coverage for all passengers in goods vehicles.