Compensation under Motor Vehicle and Laws: An Analytical Study in Indian Perspective
This analytical study explores the entry carries of compensation mechanism under motor vehicle law in India, focusing on the legislative framework challenges and potential reforms of the Motor Vehicle Act, 1988 forms the bedrock of India’s compensation system for road accident victims including provisions for fault-based compensation as well as no fault liability. In reviewing claims the article looks at the role of the Motor Accident Claims Tribunal. MACT and highlights major problems such as procedural delays in adequate coverage, ignorance and corruption, in India, it should improve its framework by implementing best practises indicated by a comparative analysis of developed countries, compensation systems, the article recommends changes to enforce insurance compliance, standardised compensation payments, improve its infrastructure and streamline operations. These suggestions are meant to guarantee accident victims receive prompt, equitable, and sufficient compensation. Ultimately by helping to make India’s traffic safety laws more humane and effective”.