New Delhi: The Supreme Court has asked the union government to consider attracting insurance release of up to 1.5 lakh buses owned by road transport companies (SRTC), which is full of large losses, because they find victims and injured in accidents involving this bus for Waiting for years to get compensation from the company managed by the government.
This is one of the main problems before the justice bench of Sanjay K verses and Judicial Hrishikesh Roy, which for the past six months was involved in streamlining the fast compensation process to the victims or injured by motor accident claims (MACTS).
The bench has entrusted the additional lawyers Jaya Jayat Sud with the task of analyzing difficulties, designing innovative solutions in coordination / consultation with the United States and assessing the court to issue all-Indian implementation.
During hearing on this problem last week, the Judicial LED bench said, “The vehicle of the state transportation company is not insured because of the liberation is given and, as a result, compensation is not paid for a long period of time because most of these companies run in losses”.
This was reported by the Ministry of Transportation and the Uni Highway 49 of 56 Srtus suffered losses.
The top five SRTUS manufacture during 2016-17 is – Delhi Transport Corporation (Rs 3,832 Crore); Kerala SRTC (Rs 1,771 Crore); Best Business (Rs 990 Crore); Telangana SRTC (RS 749 Crore) and Haryana St (RS 598 Crore).
The fifth together accounted for around 69% of the total loss by the Srtus.
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Bench said, “In fact, there are many illustrations where the vehicle must be attached to the coercive recovery of the srtus to make payments to the claimant”.
SC again falls back on ASG to “check the possibility of pulling an exception (from insurance for the SRTUS bus) or for (composing) a mechanism to ensure that the collection of adequate funds is available with these companies to fulfill their obligations (in motors) accidents involving buses Srtus) on the prosecutor.
Sud told the court that an effort to streamline the process of paying a quick compensation to the victim of an accident or injured through the development of cellular applications that can carry all traction.
26 Insurance companies.
SC question neglect of state bus insurance
