this juncture it is quite pertinent to refer Section 64- UM(2), (3) & (4)
of the Insurance Act 1938 which are as under ... 64-UM. (2) No claim in respect of a loss which has occurred in
India and requiring to be paid or settled in India equal
IRDA to be appointed by the insurance company. Section 64 UM reads as under:
"64- UM(2) - No claim in respect of a loss ... true facts of a claim preferred before it as per Section 64 UM of the Insurance Act, 1938. The appointment of M/s Truth Labs
authority under
IRDA Act . The only option under section 64 UM as held by the Hon'ble
Supreme Court in Sri Venkataswara Syndicate (supra ... this juncture it is quite pertinent to refer to the Section 64-
UM(2), (3) & (4) of the Insurance Act 1938 which
IRDA (Protection of Policyholders-Interest) Regulations, 2002.
The Insurance Act, 1938
64 UM Surveyor or Loss Assessors - (1) Save as otherwise provided in this section
Pec Limited vs Oriental Insurance Co. Ltd. & Anr. on 25 September, 2024
NATIONAL CONSUMER
without a surveyor's report in terms of Section 64 UM of the Insurance Act 1938.
Thus, neither a prompt survey was carried ... appellant before us to prove the investigation report. Section 64-UM of the Insurance Act cannot stand in the way of the Insurance Company
This Commission has taken a consistent view that under Section 64 UM Insurance Company cannot go on appointing Surveyors one after the other ... give valid reason for not accepting the report. Scheme of Section 64-UM particularly, of sub-sections (2), (3) and (4) would show that
disregarding the surveyor's report which is mandated under section 64 UM of the Insurance Act 1938, and has been held ... justified.
8. The surveyor's report under section 64 UM in the case of any claim of insurance exceeds Rs.20,000/- is mandatory
Supreme Court while laying down that under Section 64 UM of the Insurance Act, 1938 the appointment of a surveyor in all insurance claims exceeding ... surveyor and the need to appoint second surveyor. Scheme of Section 64-UM particularly of sub sections (2), (3) and (4) would show that
further submitted that the Surveyor was having licence under
Section 64 UM of Insurance Act., 1938. In case the opinion of the
repairer ... what conditions can it be overridden in. To address this,
Section 64(UM)(4) of the Insurance Act, 1938 can be usefully
read which concerns
