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P.C. Chacko And Another vs Chairman, Life Insurance Corporation ... on 20 November, 2007

22. Likewise when reference is made to the decision in the case of P.C. Chacko (supra), in it Honble Supreme Court held, that if a person makes a wrong statement with knowledge of consequence, he would ordinarily be estopped from pleading that even if such a fact had been disclosed, it would not have made any material change. This decision also does not in any manner advance the case of the OPs.
Supreme Court of India Cites 7 - Cited by 351 - S B Sinha - Full Document

Life Insurance Corporation Of India & ... vs Smt.Asha Goel & Anr on 13 December, 2000

For taking this view, reliance is being placed on a decision of the Honble Supreme Court in the case of Life Insurance Corporation of India and others versus Smt. Asha Goel and another, AIR 2001 Supreme Court 549. (See also AIR 1965 Madras 357, AIR 1999 Madhya Pradesh 13, AIR 1961 Punjab 253, AIR 1981 Delhi 171 and AIR 1991 Supreme Court
Supreme Court of India Cites 14 - Cited by 333 - D P Mohapatra - Full Document

Mithoolal Nayak vs Life Insurance Corporation Of India on 15 January, 1962

This question was dealt with threadbare and thereafter while allowing the appeal, LIC was held liable for payment of compensastion. So far back as in 1962, the Honble Supreme Court in the case of Mithoolal Nayak versus Life Insurance Corporation of India, AIR 1962 Supreme Court 814 has held, that fraudulent suppression of material facts as well as deliberate concealment of facts vitiates the policy. Suffice it to say in this behalf that fraud, as well as deliberate concealment, both being purely questions of facts, were required to be established by cogent, reliable, as well as by acceptable evidence by the OPs.
Supreme Court of India Cites 9 - Cited by 261 - S K Das - Full Document
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