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Section 163 – The Central Motor Vehicles Rules,1989

The Central Motor Vehicles Rules,1989

Section 163. Maintenance of records by the guarantor

Foreign insurance

Every guarantor shall in respect of certificates of foreign insurance issued under his guarantee by the foreign insurer whom he has guaranteed and every person who has ceased to be a guarantor shall, in respect of the certificate of foreign insurance issued under his guarantee by the foreign insurer whom he had guaranteed at any time in the preceding five years, keep a record of such particulars relating to the policies in connection with which the certificates of foreign insurance were issued as are required to be kept by insurers under the provisions of rule 147 in respect of policies, and the necessary additions to those records required to make them up to date shall be made as soon as is reasonably possible in the circumstances.

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The Central Motor Vehicles Rules,1989

Indian Laws -Bare Acts

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