Supreme Court · 1962 INSC 371 · Decided 11 December 1962
~a Ti on Al Insurance CO. LTD., Calcutt A v. Life Insurance Corporation of India
- Court
- Supreme Court of India
- Citation
- 1962 INSC 371 · [1963] SUPP. 2 S.C.R. 971
- Case number
- CIVIL APPEAL No. 551/1960
- Decided
- 11 December 1962
- Bench
- S.K. DAS, J.L. KAPUR, A.K. SARKAR, M. HIDAYATULLAH, RAGHUBAR DAYAL (5-judge bench)
- Outcome
- Directions issued
- Case type
- Civil
Headnote
SUPREME COURT REPORTS 971 ~A TI ON AL INSURANCE CO. LTD., CALCUTT A v. LIFE INSURANCE CORPORATION OF INDIA ~ (S. K. DAS, J. L. KAPUR, A. K. SARKAR, M. HIDAYATULLAH and RAGHUBAR DAYAL, JJ.) Life Insurance-Nationalisation-Business vesting in "Life Insurance Corporation-Determination of to other insurance business. On the passing of tbe Life Insurance Corporation Act, 1956, which was intnded to n~tionalise all life Insurance business, its 'controlled business' stood vested in the Life . Insurance Corporation of India on and . from September I, 1956, the appointed day. The
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