The Public Liability Insurance Act of 1991 in India imposes absolute liability on industries that handle hazardous substances or engage in dangerous activities. Let’s understand what absolute liability is in detail through this blog. Public Liability Insurance Act 1991 “The Act was enacted to address the issue of industries that handled hazardous substances and engaged […]
Articles Tagged: Public Liability Insurance Act
The Principle of No-fault Liability of the Public Liability Insurance Act, 1991
The principle of no-fault liability is incorporated in Section 3 of the Public Liability Insurance Act 1991 and is further extended by Section 4 of the Act. This concept was introduced to provide a safe industrial environment for the workers handling hazardous substances and to get financial benefits from the insurance policies. In this blog […]
How is the Public Liability Act Premium Bifurcated from the Environmental Relief Fund?
With the advent of the Industrial Revolution, it had a profound social impact, particularly in terms of the number and severity of accidents in manufacturing plants. With the evolution of sophisticated manufacturing product lines and the implementation of heavy machinery, chemicals, and robotic engineering, the risks for human workers have increased dramatically. In response to […]