Supreme Court · 2014 INSC 822 · Decided 1 December 2014
Hdfc Bank LTD. v. Kumari Reshmaand ORS.
- Court
- Supreme Court of India
- Citation
- 2014 INSC 822 · [2014] 14 S.C.R. 1007
- Case number
- CIVIL APPEAL No. 10608/2014
- Decided
- 1 December 2014
- Bench
- DIPAK MISRA, R.F. NARIMAN, UDAY UMESH LALIT (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Motor Vehicles Act Section 2(30), 146
Headnote
Motor Vehicles Act, 1988 - ss. 2(30) and 146 - Motor accident by uninsured motor vehicle which was hypothecated under hire-purchase agreement - Liability of financier - To C pay compensation to third party - Held: Where the motor vehicle is subject of hire-purchase agreement, the person vehicle under the agreement would be the owner- In the instant case, the vehicle was not in possession of the financier and was plied on the road in violation of s. D · 146 without the knowledge of the financier - Hence the financier cannot be held liable to pay compensation. Allowing the
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