Supreme Court · 2024 INSC 395 · Decided 8 May 2024
MRS. Bhumikaben N. Modi & ORS. v. Life Insurance Corporation of India
- Court
- Supreme Court of India
- Citation
- 2024 INSC 395 · [2024] 6 S.C.R. 452
- Case number
- CIVIL APPEAL No. 270/2012
- Decided
- 8 May 2024
- Bench
- A.S. BOPANNA, C.T. RAVIKUMAR (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Consumer Protection Act Section 21(b)
Headnote
Whether the issuance of Acceptance-cum-First Premium Receipt gave rise to a presumption of acceptance of the policy by the insurer; whether the NCDRC was justified in dismissing the appellants' complaint and reversing the concurrent orders of the of its revisional jurisdiction, wherein directions were issued for payment of benefits in terms of the subject life insurance policy and for grant of compensation. Consumer Protection Act, 1986 - s.21(b) - Revisional power - Insurance - Life Insurance
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