Supreme Court · 2019 INSC 9 · Decided 4 January 2019
Madhav Hari Joshi v. Divisional Manager, Life Insurance Corporation of India & ANR.
- Court
- Supreme Court of India
- Citation
- 2019 INSC 9 · [2019] 1 S.C.R. 208
- Case number
- CIVIL APPEAL No. 49/2019
- Decided
- 4 January 2019
- Bench
- D.Y. CHANDRACHUD, HEMANT GUPTA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Consumer Protection: Deficiency of service - Appellant-consumer submitted a proposal to Life Insurance Corporation (LIC) under one of its plans - Alongwith proposal, paid Rs.1,75,000/- -The policy not issued nor money refunded refund of money with interest and also compensation of Rs.5,00,000/- - District Forum directed refund of the amount and in addition compensation of Rs.4,25,000/- - State Commission confirmed the order - National Commission maintained the order of refund alongwith 12% interest,
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