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Vikas Gupta vs Uoi & Anr. on 15 February, 2012

22. The IRDAI shall consider the submissions and the representation made by the Petitioner in respect of the abovementioned issues. The IRDAI shall consider whether the premium, loading charges as also non-issuance of Rs.50 lakhs coverage and the exclusionary period would be in accordance with the IRDAI regulations, model policy as also the decision of the ld. Division Bench in Vikas Gupta (supra). The IRDAI shall make a decision on the representation by the Petitioner expeditiously and directions shall be issued by the IRDAI by 15th April, 2013. The said directions shall be binding on the parties. If any additional premium is to be paid by the Petitioner, the same shall also be paid in terms of the directions of IRDAI.
Delhi High Court Cites 20 - Cited by 1 - R S Endlaw - Full Document
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