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