NATIONAL INS.CO.LTD. vs BALAKRISHNAN

The Supreme Court addressed the entitlement of the Managing Director of a company to claim compensation for injuries sustained in a vehicular accident under the Motor Vehicles Act, 1988, specifically Sections 140, 147, and 166. The Court upheld the tribunal's finding that the accident was due to negligent driving and that the insurance company was liable to indemnify the claimant, as he was considered a third party despite being the Managing Director. The appeal by the insurer was dismissed, affirming the High Court's ruling that the company, as the owner of the vehicle, was liable for the claim.