basic sum insured under the existing
policy is concerned.
[3] In cases where the insured seeks an
enhancement of the amount of sum insured ... Insured 30 days notice by
registered letter at the insured last known
address and in such event the Company shall
refund to the Insured
insured, the insurer notwithstanding its entitlement to avoid or cancel or may
have avoided or cancelled the policy, the insurer shall, subject to the
provisions ... person entitled to the benefit of the
decree any sum not exceeding the sum assured payable thereunder, as if he
were the judgment debtor
filed a suit against the respondent herein
for recovery of the insured sum of Rs. 1,22,795.64. The appellant herein
was also impleaded
16th February, 1988. The logs were
insured by Appellant with Respondent Insurance Company for a sum of
Rs. 39,90,122/- against the peril ... policy of
insurance when the
sum insured is payable
after proof of the loss
has been given to or
received by the
insurers.
Three years
arising out of the use of the vehicle against all
sums which the insured shall become legally liable
to pay in respect ... policy the
insurer has agreed to indemnify the insured against
all sums which the insured shall become legally
liable to pay in respect of death
granted.
The appellant's son, aged 24 years and drawing a sum of Rs.
4,000/- per month, died in a motor vehicle accident ... Tribunal'). The Tribunal
awarded a sum of Rs. 3,50,000/- as compensation. Aggrieved, the
insurer, who is respondent No. 1 herein, filed
insurers to satisfy judgments and award
against persons insured in respect of third party risks.
(1) xxx xxx xxx
(2) No sum shall be payable
sum of Rs.1,05,600/-. A sum of
Rs.5,000/- was allowed towards compensation for pain and
suffering; a sum ... Vehicle any where in India against all sums
including claimant's costs and expenses which the
insured shall become legally liable
payment of
compensation for a sum of Rs.1,58,000/- with interest @ 12% per annum
holding that the Insurer was liable ... certain sum of money to a certain person. It
involves a promise that such money would be paid.
18. Thus, when the insured fails
insurance. By reason of the said contract, the
insurer has made itself liable to reimburse the insured if during the period of
insurance any employee ... contract of insurance, the insurer was not
liable to pay any interest on the awarded sum.
Mr. Shridhar Y. Chitale, learned counsel appearing on behalf
