Supreme Court of India
Life Insurance Corporation of India v. Mani Ram
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.
1 Supreme Court bench has cited this judgment.
What the Court ordered
For the reasons stated above, the appeal deserves to be allowed and is accordingly allowed.
Judgment, page 8
From the headnote
Life Insurance-Grace period for payment of premium allowed as per terms of policy-However, insured making payment thereof after expiry of that period-Effect of-Held: There was no subsisting policy on date of death of insured and Insurance Company was justified in rejecting the claim of insured Respondent filed a complaint under Consumer Protection Act, 1986 alleging that his son had been insured withthe appellant-insurance company on August 21, 1995 and premium amount was paid on the same day. His next installment was due on August 21, 1996. The insured however died in an accident on August
Where later benches applied it
Of those, 1 referred to
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