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The Ocean Accident And Guarantee ... vs D.K. Patkar on 16 October, 1934

"Normally, a liability under the contract of insurance would arise only on payment of premium if such payment was made a condition precedent to the Insurance Policy taking effect. But such a condition which is intended for the benefit of the insurer can be waived by the insurer as laid down in Abdul Azeez & Co. v. New India Assurance Co. Ltd., AIR 1954 Madras 520 (1953) 2 MAD LJ 714, in which a decision of the Bombay High Court in Ocean Accident & Guarantee Corporation Company v. Patkar, AIR 1935 Bombay 236, was followed."
Bombay High Court Cites 1 - Cited by 7 - Full Document
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