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Question

As per the Motor Vehicles Act if the claimant accepts the offer of settlement made by officer designated by the Insurance company the settlement shall be recorded by_____________

A The claimant Correct Answer Incorrect Answer
B Claims Tribunal Correct Answer Incorrect Answer
C The settlement officer Correct Answer Incorrect Answer
D The Insurance Company Correct Answer Incorrect Answer
E Either of the above Correct Answer Incorrect Answer

Solution

Explanation: Section 149. (3) If, the claimant to whom the offer is made under sub-section (2): (a) accepts such offer-- (i) the Claims Tribunal shall make a record of such settlement, and such claim shall be deemed to be settled by consent.

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