Supreme Court · 1978 INSC 120 · Decided 2 August 1978
Life Insurance Corporation of India v. Rajmata Saheb Chowhanji & ORS.
- Court
- Supreme Court of India
- Citation
- 1978 INSC 120 · [1979] 1 S.C.R. 11
- Case number
- CIVIL APPEAL No. 2371/1968
- Decided
- 2 August 1978
- Bench
- S. MURTAZA FAZAL ALI, P.N. SHINGAL, A.D. KOSHAL (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 65
Headnote
Life Insurance Corporation Act, 1956 Section 7(2)-Scope of vis-a-vis obligation to restitute the benefit under s. 65 of the Contract Act. The plaintiff-~espondenl.-filed a- ~uit-for recovery of a sum of Rs. 2 lakhs invested by_,,him in the Adarsh Bima Company, which was taken over by the on the basis that the managing director of the Adarsh Bima Company by practising fraud and misrepresentation on the plaintiff that the plain.tiff would be entitled to an assured dividend of 4% that too contrary to the statute of the company induced him to part with the said sum by purchasing
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)