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Showing contexts for: Group Insurance Policy in Cr. Appeal No. 241/2 vs Central Bureau Of Investigation on 18 July, 2016Matching Fragments
3. Case of the prosecution, in a nutshell, isthat Rajesh Gupta and V.S. Mehta were working as Division al Manager and Administrative Officer in the United India Insurance Company Limited. Government of Himachal Pradesh had taken a group personnel insurance policy (Ext. PW -31/U) from United India Insurance Company Limited for its 1,50,000 employees at the rate of Rs.2,00,000 per employee from 1.1.2005 to 31.12.2005. Total .
23. R.K. Sharma (PW -14A) testified that during the period when he was working as Regional Manager, United India Insurance Company, at Chandigarh, Shimla was Divisional Office of the Company. Rajesh Gupta was the Divisional Manager at Shimla. The then Divisional Manager, United India Insurance Company informed that the business of Group Personal Accident Insurance Policy of the employees of the State of Himachal Pradesh was pursued through an agent. He had not revealed the name of the agent. No brok er was appointed by the Government of Himachal Pradesh.
Principal Secretary (Finance) has sent a cheque of Rs.1,36,00,000/
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rt in favour of the United India Insurance Company payable at State Bank of Patiala being premium for the scheme which was made operative from 1.1.2005 to 31.12.2005 vide Ext. PW -1/K. United India Insurance Company was requested to furnish cover note and official stamped receipt for the same at the earliest. Cheque was received vide Ext. PW -1/L. Superintendent of Police, CBI SCBhas sought clarification of the Principal Secretary (Finance) vide letter dated 10.5.2005 vide letter Ext. PW -1/N, whether the Government had appointed Diwan Chand, a private person, to broker the deal with the Government and United India Insurance Company, in the matter of issuing Group Personal Accident Policy No. 111300/42/04. In sequel to Ext. PW -1/N, Additional Secretary (Finance) sent a communication to the Superintende nt of Police on 19.5.2005 (Ext. PW -1/P) informing him that the Government is unaware of any such commission since the company used to quote a premium which is further subjected to negotiations with employees' leaders/ Unions and there might be an arrangement of the company concerned and State Government is not involved in it, in any .
- for the signatures of the Regional Office official as the amount exceeded the cheque signing power of Divisional Manager. As per Ext. PW -7/A/1. The signature and handwritings of the accusedhave been examined/verified by T.Joshi (PW -27).
::: Downloaded on - 15/04/2017 20:50:26 :::HCHP 2541. State Government has mooted a proposal for floating Group Personal Accident Insurance Policy orf its employees.