National Ins.Co.Ltd vs Balakrishnan & Anr

The Supreme Court addressed the liability of an insurer under the Motor Vehicles Act, 1988, specifically Sections 140, 147, and 166, in a case where the Managing Director of a company claimed compensation for injuries sustained in an accident while traveling in a company vehicle. The Court upheld the High Court's ruling that the insurer was liable to indemnify the claimant, as he was considered a third party despite being the Managing Director, and clarified that the policy's coverage extended to occupants of the vehicle. The appeal by the insurer was dismissed, affirming the tribunal's award of Rs.8,63,200/- as compensation.