Supreme Court · 1964 INSC 201 · Decided 29 September 1964
Life Insurance Corporation of India v. S. V. Oak and Another
- Court
- Supreme Court of India
- Citation
- 1964 INSC 201 · [1965] 1 S.C.R. 403
- Case number
- CIVIL APPEAL No. 443/1962
- Decided
- 29 September 1964
- Bench
- P.B. GAJENDRAGADKAR, K.N. WANCHOO, M. HIDAYATULLAH, RAGHUBAR DAYAL, J.R. MUDHOLKAR (5-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226, 227
Headnote
INSURANCE CORPORATION OF INDIA B c E F G H v. S. V. OAK AND ANOTHER September 29, 1964 (I. B. GAJENDRAGAJ'>KAR, C.J., K. N. WANCHOO, M. IiP.>AYATULLAH, RAGHUBA1t DAYAL AND J. R. MUDHOLKAR JJ.) Life Insuranc• Corporation A.ct (31 of 1956), ss. 9 and 28- ScoJ>C of-"Surp/us", respondents agreed to this. The insurance company, while it worked, had not shown any valnation surplus as a result of actuarial investigations under the Insurance J1ct, 1938. In fact the Company was insolvent from the point of . view d the Insurance Act when it was taken over by the Life
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)