J.M. Malik, Presiding Member—The instant revision petition has been filed with a delay of 81 days. For the reasons mentioned in the application for condonation of delay, the said delay is hereby condoned. Sathuna Begam, insured, died in a fire accident on 17.11.2004. The present complaint was filed by her husband and her Legal Representatives. The insured availed loan in the sum of Rs.4,75,000/- from Syndicate Bank, respondent No.1/ opposite party No.1. The Syndicate Bank disbursed the first installment of the loan on 16.08.2003. The insurance claim was meant to safeguard the loan amount but the first premium was actually paid by the Syndicate Bank only on 09.11.2004. However, the necessary details of the insured were not furnished. The proposal was sent to the insurance company on 16.11.2004. It was returned on 22.11.2004 by Bajaj Allianz Life Insurance Co. Ltd., Bengaluru and Bajaj Allianz Life Insurance Co. Ltd., at Pune, Opposite party Nos. 2 & 3, respectively, for want of certain particulars. However, the insured passed away on 17.11.2004. It was argued that till the time of death of the insured, there was no policy to safe guard the loan.

2. The grouse of the complainant