Question
Which of the following cases laid down the rule of
Strict-Liability?Solution
The rule of strict liability was laid down in the year 1868 in case of Reylands Vs. Fletcher. According to this rule, in this case, it was laid down that any person keeping any hazardous substance on his premises would be held liable if that substance escapes from there and harms others.
Under the General Insurance Business (Nationalisation) Act the provision relating to the payment of the dues to a foreign insurer, it shall be given to ...
What happens to the shares of an Indian insurance company upon the appointed day according to the General Insurance Business (Nationalisation) Act?
Under Employees Provident Fund and Miscellaneous Provisions Act, 1952 “Insurance Fund” means
According to the General Insurance Business (Nationalisation) Act, which statement is true regarding the winding up of the Corporation or an acquiring ...
What is the authorised capital of the Corporation as per the General Insurance Business (Nationalisation ) Act, and what flexibility does the Central ...
When can a principal revoke an agent's authority?
What is required for an insurer to legally carry on any class of insurance business in India after the commencement of the Insurance Act?
Who can nominate the person or persons to whom the money secured by the policy shall be paid in the event of the death of the policy holder as per the I...
A transfer or assignment of a policy of insurance, wholly or in part, whether with or without consideration, may be made only by__________________
Who can the policyholder nominate to receive the money secured by a life insurance policy in the event of their death, and what happens if the nominee ...
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