Supreme Court of India
Life Insurance Corporation of India and Anr. v. Smt. S. Sindhu
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1 Supreme Court bench has cited this judgment.
From the headnote
Insurance law. Life insurance policy-20 years policy-Premium paid for three years only-Premium not paid thereafter-Policy lapsed-Death of policy holder before maturity-UC paying reduced sum by treating it as paid-up policy- Whether l/ liable to pay interest in regard tu premium paid form the respective dates of payment of premiums to date of settlement-Held, payment of interest on the premium amounts, from the re~pective dates of remittance of premiums, is alien to the concept of life insurance-Nu interest is payable either under the contract of insurance. or under any statue, ur under the
Where later benches applied it
Of those, 1 relied on
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