Consumer Protection Act, 1986 .
The Life Insurance Corporation floated a "Salary Savings Scheme" under
which Bhim Singh, an employee of the DESU took ... deduction of premium from his salary every month.
We have also been shown a circular titled "Salary Savings Scheme
Endorsement", which
short "the Act").
It floated a "Salary Savings Scheme" which envisaged a life insurance
policy for the salaried class employees ... Corporation which is as under:
"Dear Mr Employer,
The Salary Savings Scheme of Life Insurance
Corporation has proved of considerable value to
many organisations
Savings Scheme' for Rs. 1,00,000. As per terms of the scheme the amount of premium was to be deducted from his salary ... your salary once a month and remitted to the Life Insurance Corporation.
11. Having noticed the aforequoted clauses of the Salary Savings Scheme the Supreme
three policies from the LIC for its employees under the 'Salary Saving Scheme', under which the premium was to be deducted ... learned counsel for the petitioner stated that under the Salary Saving Scheme of the LIC, it was the duty of the employer to deduct
Consumer Protection Act, 1986 .
The Life Insurance Corporation floated a "Salary Savings Scheme" under
which Bhim Singh, an employee of the DESU took ... deduction of premium from his salary every month.
We have also been shown a circular titled "Salary Savings Scheme
Endorsement", which
obtained several Life
Insurance Policies from the Opposite Parties under Salary Saving
Scheme vide Nos.682647507 and 682974775. As per the terms
and conditions ... fact that the above said policies were issued under the Salary
Saving Scheme on the life of Complainant's father late Laxman
during
assured of Rs. 1.25 lakhs, under the Salary Savings Scheme of the LIC. The complainant is the nominee of the deceased under the said policy ... question was obtained by the husband of the complainant under the Salary Savings Scheme from the OP LIC. As per the scheme of arrangement
Insurance Company under the
Salary Saving Scheme. Under the said
Scheme, the premium was to be deducted from the salary of all the insured
employees ... view that the
policy in question having been obtained under the Salary Savings Scheme, it
was the responsibility of the employer to ensure that
alleging that irregularities have
been observed in various policies under the Salary Savings Scheme with a
view to defraud the Corporation and further stating that ... alleged discrepancies/lapses on their
part on the working of Salary Savings Scheme and calling upon them to
show cause as to why they should
stating that irregularities had been observed in various
policies under the Salary Savings Scheme (hereinafter the "SSS") under
the Petitioners‟ agencies at Branch ... summarized by them as under:
"1. Monthly premium in Salary Saving Scheme (SSS) are
deposited/dispatched by the employer directly to LIC servicing
branch
