Section 12

Bottomry.

The Marine Insurance Act, 1963

  • Act 11 of 1963
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to codify the law relating to marine insurance.

All sections
    The lender of money on bottomry or respondentia has an insurable interest in respect of the loan.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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