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Madras High Court puts its mandatory bumper to bumper insurance order in abeyance

Last week the Madras High Court had ruled that from September 1, "bumper-to-bumper" insurance should be mandatory whenever a new vehicle is sold.

September 01, 2021 / 09:34 PM IST

The Madras High Court has kept its order on mandatory bumper to bumper cover insurance in abeyance till September 13.

A source familiar to the matter said, “As per inputs submitted by General Insurance Council (GIC), the Madras HC has posted the case for further hearing on September 13 at 4:00 pm for all interested parties, till then the high court has kept the order in abeyance.”

The General Insurance Council had approached the court to make GIC and the insurance regulator (IRDAI) party to the appeal and be heard.

The GIC has sought 90 days from the court for the implementation of the court order and launch new products as insurers cannot announce new products without IRDAI’s approval.