SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

K.S.CHAUDHARI, B.C.GUPTA
Nagaraj T. V. – Appellant
Versus
Branch Manager, Life Insurance Corporation of India – Respondent


Advocates:
Counsel for the Parties:
For the Petitioner: Nemo.
For the Respondent:Mr. Mohinder Singh, Advocate.

ORDER

Dr. B.C. Gupta, Memer—This revision petition has been filed under section 21(b) of the Consumer Protection Act, 1986 against the impugnedORDER dated 04.02.2008 passed by the Karnataka State Consumer Disputes Redressal Commission (for short ‘the State Commission’) in FA No. 1428/2007, “The Branch Manager, Life Insurance Corporation of India (hereinafter referred to as ‘LIC’) v. Nagaraj T.V.” vide which while allowing the appeal, theORDER dated 06.06.2007 in consumer complaint no. 22/2007, passed by the District Consumer Disputes Redressal Forum, Mandya, allowing the said complaint, was set aside, and the complaint wasORDERed to be dismissed.

2. Brief facts of the case are that the petitioner/complainant obtained Jeevan Dhara Policy, bearing no. 623015283 for a sum of Rs.1,20,000/- from the LIC, with date of maturity as 19.10.2006. The complainant contended that he was entitled to Rs. 4,800/- as monthly instalment of annuity from the date of maturity, whereas the OP was paying him a monthly instalment of Rs. 1200/- only. He also contended that in addition to the sum assured under the policy, he is entitled to receive 1% of the enhanced amount and also entitled for the bonus decl








Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top