Section72
The Inland Vessels Act, 2021

Transfer of certificate of insurance

In force Act 24 of 2021 As on 17 Oct 2026

Act 24 of 2021 Ministry Ports, Shipping and Waterways Enacted 11 Aug 2021

Section 72 of the Inland Vessels Act, 2021 deals with transfer of certificate of insurance. Where a person in whose favour the certificate of insurance has been issued in accordance with the provisions of this Chapter transfers to another person, the ownership of the mechanically propelled vessel covered under this Chapter, in respect of which such insurance was taken together with the pol The Act was enacted on 11 Aug 2021.

Where a person in whose favour the certificate of insurance has been issued in accordance with the provisions of this Chapter transfers to another person, the ownership of the mechanically propelled vessel covered under this Chapter, in respect of which such insurance was taken together with the policy of insurance relating thereto, the certificate of insurance and the policy described in the certificate shall be deemed to have been transferred in favour of the person to whom the mechanically propelled inland vessel is transferred with effect from the date of its transfer.

Explanation.---For the removal of doubts, it is hereby clarified that such deemed transfer shall include transfer of rights and liabilities covered under the said certificate of insurance and the policy of insurance.

Section 72, The Inland Vessels Act, 2021 (Act 24 of 2021).

Questions about Section 72

What does Section 72 of the Inland Vessels Act deal with?

Section 72 of the Inland Vessels Act is headed "Transfer of certificate of insurance". Where a person in whose favour the certificate of insurance has been issued in accordance with the provisions of this Chapter transfers to another person, the ownership of the mechanically propelled vessel covered under this Chapter, in respect of which such insurance was taken together with the pol

How do I find court cases under Section 72 of the Inland Vessels Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Inland Vessels Act 2021 72, section 72 Inland Vessels Act 2021, section 72 of the Inland Vessels Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was Section 72 of the Inland Vessels Act enacted?

Section 72 of the Inland Vessels Act, cited as Inland Vessels Act 2021 72, was enacted on 11 Aug 2021 as Act 24 of 2021. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.