Oriental Insurance Co. Ltd. vs Sivankutty on 8 September, 2005
10. A Division Bench of this Court in New India Assurance Co. Ltd. v. Shamsed (2000 (2) KLT 67) relied on the decision of the Apex Court in Inderjit Kaur's case (referred to supra) and held Insurance Company liable to pay the compensation for injury sustained to third party in an accident that occurred on 27.2.1989 after cancellation of policy on 21.10.1988 for reason of dishonour of cheque issued towards payment of premium but reserving the right of the insurer to recover the amount so paid from the owner of the vehicle involved in the accident.