Section 4 of PLIA : Section 4: Duty Of Owner To Take Out Insurance Policies

Explanation using Example

Let's imagine a scenario where Mr. John owns a factory that handles hazardous substances. According to Section 4 of The Public Liability Insurance Act, 1991, before he starts operations, he must take out one or more insurance policies that cover his liability to provide relief in case of any accidents (as per Section 3). If Mr. John was already operating his factory before this Act came into effect, he has a grace period of one year to get such insurance.

Mr. John must ensure his insurance policy is renewed regularly so that it remains valid as long as the facto...

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