Supreme Court · 2022 INSC 1287 · Decided 15 December 2022
Gokal Chand (D) THR. LRS. v. Axis Bank LTD. & ANR.
- Court
- Supreme Court of India
- Citation
- 2022 INSC 1287 · [2022] 17 S.C.R. 739
- Case number
- CIVIL APPEAL No. 9237/2022
- Decided
- 15 December 2022
- Bench
- K.M. JOSEPH, HRISHIKESH ROY (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Consumer Protection - Insurance Policy - Deficiency of Service - A home loan was secured by the appellants for which obtaining a life insurance was a pre-requisite - Life insurance in the name of husband of the complainant (the insured, now deceased) was obtained - As No.1-bank acting as an agent for respondent no.2-Insurance Company, on 25.07.17 sanctioned the home loan - From the disbursed loan amount, insurance premium was paid on behalf of the insured by the bank to the insurance company - The insured was subjected to medical tests on
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