Search Results Page

Search Results

1 - 10 of 15 (0.22 seconds)

Oriental Fire And General Insurance Co. ... vs Panvel Industrial Co-Operative ... on 26 July, 1991

16. The similar view is expressed by this court in the case of Oriental Fire and General Insurance Co. vs. Panvel Industries Cooperative supra that mere payment of premium amount and its acceptance by agent cannot amount to a concluded contract of insurance. In order to convert a proposal into a promise the acceptance must be (1) be absolute and unqualified, and (2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted. If the proposal prescribes a manner in which it is to be accepted, and the acceptance is not made in such manner, the proposer may, within a reasonable time after the acceptance is communicated to him, insist that his .....19/-
Bombay High Court Cites 9 - Cited by 11 - Full Document
1   2 Next