K.BALAKRISHNAN NAIR, C.T.RAVIKUMAR
Subramania Pillai K – Appellant
Versus
Senior Divisional Manager L I C – Respondent
K. Balakrishnan Nair, J.
1. The appellant is the writ petitioner. The brief facts of the case are the following:
The appellant was a Development Officer of the Life Insurance Corporation of India working at Ernakulam. While so, he has been served with Ext. P1 charge-sheet dated 09/08/1994 accusing him of certain irregularities in reporting the proposal for insuring the life of one Sri. V. C. Devassy, who was working as an Assistant, at the relevant time, in Telecom Department. Sri. George Paul, the Agent, working under the appellant, came forward with a proposal for insuring the life of said Sri. V. C. Devassy for Rs.5,00,000/-. The appellant submitted a 'Confidential Report' concerning that proposal on 11/05/1988. In that report, he certified the monthly income of said Sri. Devassy as Rs.9,000/- from different sources. Without proper enquiry, it is alleged, he recommended the proposal for acceptance and induced the Corporation to accept that proposal. The said Devassy died on 12/06/1989 and the same resulted in a claim being made on the LIC for an amount of Rs.10,00,000/-. Yet another allegation raised in Ext. P1 was that he submitted a 'Confidential Report' dated 31/05/1989
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.