A bench of three Supreme Court justices clarified the legal situation that, if a vehicle was the subject of a loan agreement and the person who was in possession and control of the vehicle without the required insurance was alone and not the financier responsible for paying the debt in the event of an accident. The Court found that the intention of the legislator is clear: a registered owner of a vehicle should not be held liable if the vehicle is not in his possession and control. In the present case, the applicant had financed the owner for the purchase of the vehicle and the owner had concluded a revaluation contract with the bank. The borrower had an initial obligation to insure the vehicle, but without insurance, he was driving the vehicle on the road and an accident occurred. Without insurance, he used the vehicle in violation of the legal provision of section 146 of the Motor Vehicles Act 1988 and is therefore solely responsible and not by the financier. The Court refers to section 146 of the Motor Vehicles Act, where, under the 1988 Act, no person is permitted to use or authorize a motor vehicle in a public place without insurance, as this is the mandatory legal requirement of the 1988 Act. . .