Section 154 of the Motor Vehicles Act, 1988 – Saving in respect of sections 151, 152 and 153

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Section 154: Saving in respect of sections 151, 152 and 153

1[Saving in respect of sections 151, 152 and 153. — (1) For the purposes of sections 151, 152 and 153, a reference to “liabilities to third parties” in relation to a person insured under any policy of insurance shall not include a reference to any liability of that person in the capacity of insurer under some other policy of insurance.

  • (2) The provisions of sections 151, 152 and 153 shall not apply where a company is wound-up voluntarily merely for the purposes of reconstruction or of an amalgamation with another company.

Source: official text of The Motor Vehicles Act, 1988 as published on India Code (PDF). All sections of the Motor Vehicles Act, 1988.

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