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1 - 6 of 6 (0.19 seconds)The Insurance Act, 1938
The Insurance (Amendment) Act, 2002
Sukhdev Singh, Oil & Natural Gas ... vs Bhagat Ram, Association Of Clause Ii. ... on 21 February, 1975
In case the policy holder had not paid the
premium within the grace period and had not revived the policy during
the revival period, nothing was to be paid to the policy holder. The
respondent/complainant had paid only the initial premium and
renewal premium has also not been paid by him, the policy was to be
lapsed as it was not revived by the respondent/complainant within a
period of two years and it was ultimately terminated at the end of
revival period. Moreover, the Proposal Form is the basis of Contract
of Insurance which has been duly signed by the complainant.
Learned proxy counsel has also relied upon judgments i.e. "Life
Insurance Corporation of India & another Vs. Sunita" 2022(1)
7
First Appeal No.78 of 2022
SCC-68, "LIC of India Vs. Ani P Tadkalkar" R.P. No.663 of 1994,
decided on 08.11.1995 and "LIC Vs. Mani Ram" III (2005) CPJ 31
(SC) in support of his arguments.
Life Insurance Corporation Of India vs Sunita on 29 October, 2021
In case the policy holder had not paid the
premium within the grace period and had not revived the policy during
the revival period, nothing was to be paid to the policy holder. The
respondent/complainant had paid only the initial premium and
renewal premium has also not been paid by him, the policy was to be
lapsed as it was not revived by the respondent/complainant within a
period of two years and it was ultimately terminated at the end of
revival period. Moreover, the Proposal Form is the basis of Contract
of Insurance which has been duly signed by the complainant.
Learned proxy counsel has also relied upon judgments i.e. "Life
Insurance Corporation of India & another Vs. Sunita" 2022(1)
7
First Appeal No.78 of 2022
SCC-68, "LIC of India Vs. Ani P Tadkalkar" R.P. No.663 of 1994,
decided on 08.11.1995 and "LIC Vs. Mani Ram" III (2005) CPJ 31
(SC) in support of his arguments.
Life Insurance Corporation Of India vs Anil P. Tadkalkar on 8 November, 1995
In case the policy holder had not paid the
premium within the grace period and had not revived the policy during
the revival period, nothing was to be paid to the policy holder. The
respondent/complainant had paid only the initial premium and
renewal premium has also not been paid by him, the policy was to be
lapsed as it was not revived by the respondent/complainant within a
period of two years and it was ultimately terminated at the end of
revival period. Moreover, the Proposal Form is the basis of Contract
of Insurance which has been duly signed by the complainant.
Learned proxy counsel has also relied upon judgments i.e. "Life
Insurance Corporation of India & another Vs. Sunita" 2022(1)
7
First Appeal No.78 of 2022
SCC-68, "LIC of India Vs. Ani P Tadkalkar" R.P. No.663 of 1994,
decided on 08.11.1995 and "LIC Vs. Mani Ram" III (2005) CPJ 31
(SC) in support of his arguments.
1