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1993 Supreme(Del) 675

V.B.BANSAL
SURINDER KAUR – Appellant
Versus
LIFE INSURANCE CORPORATION OF INDIA. – Respondent


Advocates Appeared:
R.B.GUPTA, RAVI GUPTA, SURINDER SINGH BINDRA

V. B. Bansal,j.

( 1 ) MRS. Surinder Kaur, plaintiff has filed this suit against the Life Insurance Corporation of India for recovery of Rs. 1,28,800. 00

( 2 ) BRIEFLY stated, averments made in the plaint are that the defendant, Life Insurance Corporation of India, was established under the Insurance Corporation Act and can sue and be sued in its name and is engaged in the business of life insurance. Mrs. Surinder Kaur is widow of late Mohan Singh. The aforesaid Mohan Singh got his life assued for a sum of Rs. 1 lakh for a term of 25 years, regarding which. Life Insurance Policy No. 50432319 was issued, which commenced on 28/3/1982 and was to mature on 28/3/2007. The premium was to be paid quarterly, payable on 28th of March, 28th of June, 28th of September and 28th of December of the each English calender month. Each instalment of premium was for Rs. 1,367. 50 paise. Mrs. Surinder Kaur was appointed as a nominee in this insurance policy. The payments of the premiums used to be made by the plaintiff by way of issuing cheques from her account.

( 3 ) CLAIM of the plaintiff has been that the premiums were paid as and when they became payable, i. e. on 28th of March, 1982; 28th of June,

































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