RAJESH SHANKAR
Shambhu Sharan Giri – Appellant
Versus
Life Insurance Corporation of India – Respondent
ORDER :
1. The present writ petition has been filed for quashing the order dated 25.03.2021 (Anneuxre-11 to the writ petition) passed by the Senior Divisional Manager, Life Insurance Corporation of India, Jamshedpur Divisional Office, Jamshedpur (the respondent no. 2) whereby the L.I.C. agency of the petitioner has been terminated in terms with regulations 16(1)(b), 16(1)(h) read with regulation 12(1) of the Life Insurance Corporation of India (Agents) Regulations, 2017 (in short, “the Regulations, 2017”) with direction to forfeit entire commissions payable to him in terms with Regulation 19(2) of the Regulation, 2017.
2. Mrs. Surabhi, learned counsel for the respondents, submits that the petitioner has efficacious remedy of preferring appeal before the concerned Zonal Manager of the Corporation against the impugned order dated 25.03.2021 passed by the respondent no. 2 in terms with regulation-20 of the Regulations, 2017.
3. Having heard the learned counsel for the parties and keeping in view that the petitioner has efficacious remedy of preferring appeal against the impugned order dated 25.03.2021 passed by the respondent no. 2 in terms with regulation-20 of the Regulations, 2017, I
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