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1 - 9 of 9 (0.30 seconds)Article 12 in Constitution of India [Constitution]
Section 8 in The Societies Registration Act, 1860 [Entire Act]
L.I.C. Of India & Anr vs Consumer Education & Research Centre & ... on 10 May, 1995
Shri Mathur has placed reliance on the observations of
this Court in LIC of India & Anr. vs. Consumer Education &
Research Centre & Ors. 1995 (5) SCC 482, where in this Court
has stressed that since the LIC is `state' under Article 12
of the Constitution it has a duty to act fairly in view of
the mandate contained in Article 14 of the Constitution. It
is no doubt true that the LIC, being `state' under Article
12 of the Constitution, must act within the confines of the
rights guaranteed under Part III of the Constitution. But we
are unable to appreciate as to how this constitutional
obligation has any bearing on the present case. In
disclaiming its liability the LIC is acting in accordance
with the provision in Regulations/Rules framed by it whereby
the agents have been prohibited from collecting the moneys
on behalf of the LIC. The said provision has been made in
public interest in order to protect the Corporation from any
fraud on the part of an agent. It cannot be said that in
making such a provision in the Regulations/Rules and in
acting in accordance with the same the LIC has not acted
fairly or in consonance with its obligations under Part III
of the Constitution.
Section 186 in The Indian Contract Act, 1872 [Entire Act]
Section 237 in The Indian Contract Act, 1872 [Entire Act]
Section 49 in The Life Insurance Corporation Act, 1956 [Entire Act]
Article 14 in Constitution of India [Constitution]
Article 22 in Constitution of India [Constitution]
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