Section 39 in The Insurance Act, 1938
39. Nomination by policy-holder.--
(1) The holder of a policy of life insuranceon hi s own life
Gmr Energy Limited vs Doosan Power Systems India Private ... on 14 November, 2017
Author: Mukta
Sehgal's case (supra). If section 39 of the Act is
contrasted with section 38 of the Act which
provides for transfer or assignment ... meaning of section 39 of the Act
and hold that a mere nomination made under
section 39 of the Act does not have the effect
Court was
whether a nominee of a life insurance policy under Section 39 of the Insurance Act, 1938 (Act ... language and
phraseology of Section 6 of the Act is different from the one used in Section 39 of the Insurance Act, yet the effect
also perused the materials placed before it.
8 Section 39 of the Insurance Act, 1938, enables the holder of the policy, while effecting the same ... said judgment laid down the proposition that nominee under section 39 of the Insurance Act,1938 is nothing more than an agent to receive
also perused the materials placed before it.
8 Section 39 of the Insurance Act, 1938, enables the holder of the policy, while effecting the same ... said judgment laid down the proposition that nominee under section 39 of the Insurance Act,1938 is nothing more than an agent to receive
only the first defendant as nominee and as per Section 39 of the
Insurance Act, the Corporation has to settle the amount only ... defendants. The Insurance policy is nothing but a
contract. According to the Insurance company, as per Section 39 of the
Insurance Act, the company
meaning of Section 39 of the Act and hold that a
mere nomination made under section 39 of the Act does not
have the effect ... language and phraseology of Section 6 of the Act is
different from the one used in Section 39 of the Insurance
Act, yet, the effect
road. Section 56 of the Motor
Vehicle Act contemplates the fitness certificate to the
transport vehicle. In violation of the Motor Vehicle Act
the vehicle ... deemed to be
unregistered under Section 39 of the Motor Vehicle Act.
Hence, the Insurance Company cannot be made liable to
compensate the claimant
view of the
provisions of Section 167 of the Motor Vehicles Act
(hereinafter referred to as " MV Act " for short) as it only ... provisions of Section 167 of the MV Act
and held that, it is barred by Section 167 of the MV Act.
It was further contended