Section 53: Assured who has no interest cannot assign .-Where the assured has parted with or lost his interest in the subject-matter insured, and has not, before or at the time of so doing expressly or impliedly agreed to assign the policy, any subsequent assignment of the policy is inoperative:

Q: What does Section 53 of The Marine Insurance Act, 1963 (TMIA) deal with?

Section 53 TMIA pertains to "Assured who has no interest cannot assign .-Where the assured has parted with or lost his interest in the subject-matter insured, and has not, before or at the time of so doing expressly or impliedly agreed to assign the policy, any subsequent assignment of the policy is inoperative:". It is part of the The Marine Insurance Act, 1963, a legislation enacted by the Parliament of India. Section 53 of The Marine Insurance Act, 1963 (TMIA) governs assured who has no interest cannot assign .-Where the assured has parted with or lost his interest in the subject-matter insured, and has not, before or at the time of so doing expressly or impliedly agreed to assign the policy, any subsequent assignment of the policy is inoperative:. As verified on 19 May 2026.

Q: Is Section 53 TMIA still in force?

Yes, Section 53 of the The Marine Insurance Act, 1963 is currently in force across the Republic of India.

Q: What is धारा 53 TMIA?

धारा 53 TMIA is the Devanagari Hindi reference for Section 53 of the The Marine Insurance Act, 1963. Section 53 of The Marine Insurance Act, 1963 (TMIA) governs assured who has no interest cannot assign .-Where the assured has parted with or lost his interest in the subject-matter insured, and has not, before or at the time of so doing expressly or impliedly agreed to assign the policy, any subsequent assignment of the policy is inoperative:. As verified on 19 May 2026.

Q: What is Dhara 53 TMIA?

Dhara 53 TMIA is the Roman Hindi reference for Section 53 of the The Marine Insurance Act, 1963. "Dhara" means "Section" in Hindi. Section 53 of The Marine Insurance Act, 1963 (TMIA) governs assured who has no interest cannot assign .-Where the assured has parted with or lost his interest in the subject-matter insured, and has not, before or at the time of so doing expressly or impliedly agreed to assign the policy, any subsequent assignment of the policy is inoperative:. As verified on 19 May 2026.

Q: How to cite Section 53 of The Marine Insurance Act, 1963?

Cite as: "Section 53, The Marine Insurance Act, 1963 (TMIA)" in legal briefs. For academic writing, use the BlueBook format: The Marine Insurance Act, 1963, § 53 (India).

Law on Tips Editorial Board

Thursday, 21 May 2026

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