Supreme Court · 2001 INSC 337 · Decided 2 August 2001
Biman Krishna Bose v. United India Insurance CO. LTD. and ANR.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 337 · [2001] SUPP. 1 S.C.R. 255
- Case number
- CIVIL APPEAL No. 2296/2000
- Decided
- 2 August 2001
- Bench
- V.N. KHARE, SHIVARAJ V. PATIL (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 12
Headnote
General Insurance Business (Nationalisation) Act, 1972 : Sections 3(a), 9 and 24. A B Acquiring company-Exclusive privilege of carrying on insurance C business-Acquiring companies have trappings of 'The State '-Held, Covered by expression 'other authorities' under Article 12 of Constitution. of State-Such . D 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 for refasal to renew insurance policy-Insurance
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