Supreme Court of India
Biman Krishna Bose v. United India Insurance Co. Ltd. and Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
2 Supreme Court benches have cited this judgment.
What the Court ordered
For the aforesaid reasons, we are of the view that the High Court E committed error in directing the appellant to take fresh mediclaim policy even after setting aside the order of refusal to renew the mediclaim policy by the insurance company.
Judgment, page 7
From the headnote
General Insurance Business (Nationalisation) Act, 1972 : Sections 3(a), 9 and 24. Acquiring company-Exclusive privilege of carrying on insurance business-Acquiring companies have trappings of 'The State '-Held, Covered by expression 'other authorities' under Article 12 of Constitution. Constitution of India, 1950 Article 12. State-Insurance Company having the trappings of State-Such . authorities must act reasonably even in area of contractual relations. Insurance-Medic/aim policy-Claim for reimbursement-Not honoured by Insurance Company-Resort to court by insured-Held, is not a valid ground
Where later benches applied it
- 2020 Shree Ambica Medical Stores & Ors. v. The Surat People’s Co-operative Bank Limited & Ors.
- 2021 Jacob Punnen & Anr. v. United India Insurance Co. Ltd.
Of those, 1 distinguished · 1 explained
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