Case Law Analysis
|Rajasthan High Court
Rule 10.2A Rajasthan Motor Vehicles Rules | Bank Guarantee Capped at Vehicle's Market Value for Fatal Accident Release : Rajasthan HC
Rajasthan High Court clarifies that Rule 10.2A mandates a bank guarantee for vehicle release after fatal accidents but limits the amount to the vehicle's market value. The ruling balances victim compensation security with proportionality, ensuring owners are not overburdened before liability is determined.