Search Results for "Premium Payment"

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High Court

A legal battle over plot allotments and lease premium payments in Navi Mumbai, leading to cancellation disputes and the invocation of statutory regulations.

10 Sep 2024

The case involves Trishul Construction Co. (Petitioner) against CIDCO (Respondent No.1) and the State of Maharashtra (Respondent No.2), centered on th...

Supreme Court

Supreme Court Dismisses Appeal in Insolvency Case Over Creditor Status and Resolution Plan Approval. Statutory Authority's Claim as Financial or Secured Creditor Rejected Due to Lack of Diligent Action During Corporate Insolvency Resolution Process Under Insolvency and Bankruptcy Code, 2016.

12 Feb 2024

The dispute arose from the Corporate Insolvency Resolution Process (CIRP) of M/s. JNC Construction (P) Ltd, the Corporate Debtor. The appellant, a sta...

Supreme Court

Supreme Court Allows Appeal in Mediclaim Policy Renewal Dispute — Insurer Must Disclose Material Changes in Coverage at Renewal. Renewal of Insurance Policy is Not a Fresh Contract; Insurer Owed Duty to Inform Insured of Restrictive Terms Under Principle of Utmost Good Faith.

9 Dec 2021

The appellants, Jacob Punnen and his wife, held a Mediclaim policy with United India Insurance Co. Ltd. since 1982, renewed annually. In March 2008, t...

Supreme Court

Supreme Court Allows Insurer's Appeal in Insurance Contract Dispute Over Accident Benefit Due to Policy Lapse and Non-Disclosure. Accident Benefit Not Payable as Policy Was Not in Force on Accident Date and Insured Failed to Disclose Accident When Reviving Policy, Violating Utmost Good Faith Under Insurance Act, 1938.

29 Oct 2021

The dispute arose from a life insurance policy taken by the husband of the respondent under the Jeevan Suraksha Yojana from the Life Insurance Corpora...

Supreme Court

Supreme Court Restores Consumer Forum Orders in Loan Insurance Dispute — Finance Company Held Liable for Delay in Obtaining Insurance Policy Despite Premium Payment. The Court held that under Section 64VB(2) of the Insurance Act, 1938, risk is covered from the date of premium payment, and the finance company's delay in obtaining the policy from its sister concern constituted deficiency of service.

16 Apr 2019

The Supreme Court allowed the appeal filed by the complainant, Ashatai w/o Anand Duparte, against the order of the National Consumer Disputes Redressa...

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