Supreme Court · 2023 INSC 293 · Decided 24 March 2023
Marsh India Insurance Brokers Private Limited v. M/S Atkins Special Risks LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2023 INSC 293 · [2023] 9 S.C.R. 1301
- Case number
- CIVIL APPEAL No. 4678/2018
- Decided
- 24 March 2023
- Bench
- ANIRUDDHA BOSE, SUDHANSHU DHULIA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Insurance Act, 1938: s.41(1) - Insurance Regulatory and Development Authority (Insurance Brokers) Regulations, 2013 - Clause 37(1) - Complaint by the first respondent-insurance broker alleging adoption of il legal means business of international reinsurance cover of J firm, it paid bribe to Chairman of the J firm to obtain brokerage contract, thus the appellant violated s.41(1) of the Act of 1938 and Clause 37(1) of the 2013 Regulations - Basis of the complaint was certain emails by which the Chirman
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