Supreme Court · 1994 INSC 429 · Decided 30 September 1994
Life Insurance Corporation of India v. Vishwanath Verma and ORS.
- Court
- Supreme Court of India
- Citation
- 1994 INSC 429 · [1994] SUPP. 4 S.C.R. 87
- Case number
- CIVIL APPEAL No. 6493/1994
- Decided
- 30 September 1994
- Bench
- S. MOHAN, G.N. RAY (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
CORPORATION OF INDIA v. VISHWANATH VERMA AND ORS. SEPTEMBER 30, 1994 (S. MOHAN AND G.N. RAY, JJ.) ' Life Insurance Corporation Act, 1956 : Sections 30, 37, 44(f). Life Insurance Corporatiolt-Exclusive power to do life insurance busi­ nes>--F' amily benefit scheme framed by Jabalpur Insurance Act, 1938 : Section 2( 11 ). Life Insurance Business-Meaning of-Life Insurance Contracts-­ Types of. Madhya Pradesh Municipal Corporation Act, 1956 : Section 421. State Government-Power to suspend resolution or order-Scheme framed in violation of Life Insurance Act, 1956-He/d State
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