Legal News Claim can’t be denied for an old machine April 17, 2019 admin 651 Views 0 Comments Abrol Engineering, DMG Deckel Maho Gildemister Abrol Engineering had taken a policy of Rs 40 lakh from New India Assurance to cover a CNC machine made Read more
Legal News Claim can’t be rejected on mere suspicion April 13, 2019 admin 713 Views 0 Comments Oswal Plastic Industries Oswal Plastic Industries had taken a fire and special perils policy from New India Assurance to cover its industrial establishment. Read more
Legal News Name change can’t lead to claim rejection April 11, 2019 admin 642 Views 0 Comments Maharashtra State Electricity Transmission Company (MSETCL) Shreem Capacitors was in the business of manufacturing capacitors and supplying these to various state electricity boards, government undertakings, and Read more
Legal News Penalty on LIC for negligence April 6, 2019 admin 708 Views 0 Comments Penalty on LIC LIC has been found guilty of deficiency in service by keeping the money of a consumer for five years without Read more
Legal News Supreme Court – Seize-and-sell order on cars November 16, 2018 admin 661 Views 0 Comments Supreme Court, Union territories The Supreme Court has asked all states and Union territories to frame a policy to strictly enforce a law that Read more
Legal News Maharashtra State Commission : Contract prevails over circular November 3, 2018 admin 1151 Views 0 Comments Life Insurance Corporation of India’s (LIC’s) Jeevan Saral Policy, Maharashtra State Commission Deepak Rajmal Kothari had taken Life Insurance Corporation of India’s (LIC’s) Jeevan Saral Policy (with profits) from its Udhna Branch. Read more
Legal News In motor accident claims insurance company must first pay and then recover November 1, 2018 admin 640 Views 0 Comments accident claims insurance company, Oriental Insurance Co The Supreme Court reiterated the principle of “pay and recover” in road accident cases. According to this rule, if the Read more
Legal News Appointment of Surveyor does not imply acceptance of claim October 31, 2018 admin 1153 Views 0 Comments insurance claim, Supreme Court If the insurance claim is made late, it can be rejected even if the insurance company had appointed a surveyor Read more
Legal News Motor Accident claim in case of fake driving license October 30, 2018 admin 1263 Views 0 Comments fake driving license, Motor Accident claim The Supreme Court emphasised that if the owner of a motor vehicle knowingly appoints a driver with a fake license, Read more
Legal News If insurer repudiates the claim, the dispute cannot be referred to arbitration October 13, 2018 admin 717 Views 0 Comments Chambal River, repudiates claim The dispute arose when there was a serious accident during the construction of a bridge over the Chambal River. The Read more