About this document

Overview of Public Liability Insurance Act by sriprasad is a document available to read on EtoBox.

The Public Liability Insurance Act of 1991 was enacted in response to the Bhopal Gas Tragedy to provide relief to victims of accidents involving hazardous substances. The Act makes it mandatory for companies handling hazardous materials to purchase insurance. It establishes the Environmental Relief Fund to provide compensation and holds industry strictly liable for damages regardless of fault. The Act defines penalties for non-compliance and gives the central government powers to investigate hazardous sites

Author

sriprasad

Language

EN