Section - 151. Duty to give information as to insurance
(1) No person against whom a claim is made in respect of any liability referred to in clause (b) of sub-section (1) of section 147 shall on demand by or on behalf of the person making the claim refuse to state whether or not he was insured in respect of that liability by any policy issued under the provisions of this Chapter, or would have been so insured if the insurer had not avoided or cancelled the policy, nor shall he refuse, if he was or would have been so insured, to give such particulars with respect to that policy as were specified in the certificate of insurance issued in respect thereof.
(2) In the event of any person becoming insolvent or making a composition or arrangement with his
creditors or in the event of an order being made for the administration of the estate of a deceased person
according to the law of insolvency, or in the event of a winding up order being made or a resolution for a
voluntary winding up being passed with respect to any company or of a receiver or manager of the
company’s business or undertaking being duly appointed or of possession being taken by or on behalf of
the holders of any debentures secured by a floating charge on any property comprised in or subject to the
charge, it shall be the duty of the insolvent debtor, personal representative of the deceased debtor or
company, as the case may be, or the official assignee or receiver in insolvency, trustee, liquidator,
receiver or manager, or person in possession of the property to give at the request of any person claiming
that the insolvent debtor, deceased debtor or company is under such liability to him as is covered by the
provisions of this Chapter, such information as may reasonably be required by him for the purpose of
ascertaining whether any rights have been transferred to and vested in him by section 150, and for the
purpose of enforcing such rights, if any; and any such contract of insurance as purports whether directly
or indirectly to avoid the contract or to alter the rights of the parties thereunder upon the giving of such
information in the events aforesaid, or otherwise to prohibit or prevent the giving thereof in the said
events, shall be of no effect.
(3) If, from the information given to any person in pursuance of sub-section (2) or otherwise, he has
reasonable ground for supporting that there have or may have been transferred to him under this Chapter
rights against any particular insurer, that insurer shall be subject to the same duty as is imposed by the
said sub-section on the persons therein mentioned.
(4) The duty to give the information imposed by this section shall include a duty to allow all contracts
of insurance, receipts for premiums, and other relevant documents in the possession or power of the
person on whom the duty is so imposed to be inspected and copies thereof to be taken.
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