A.R.LAKSHMANAN
S. Prasanna – Appellant
Versus
Senior Divisional Manager, Life Insurance Corporation of India – Respondent
The Order of the Court was as follows :
The prayer in the above writ petition is as follows :
".....to issue a writ of certiorarified mandamus or any other appropriate writ, Order or direction, calling for the records of the respondent in Proceedings No. MD/Sect 1/SDM dated 24-3-1992, quash the same and direct the respondent to pay the renewal and other commissions to the petitioner and pass such further or other orders....."
2. The petitioner took up an Agency with the Life Insurance Corportion of India in May, 1983. The payment and termination of the services of LIC Agents are governed by statutory Rules which have been framed under Section 49 of the Life Insurance Corporation of India Act, 1956 and these Rules are known as the Life Insurance Corportion of India (Agents) Regulations, 1972. According to the petitioner ever since he was appointed as an Agent of the Life Insurance Corportion, he has done exceedingly well. He had also the unique distinction of being the only Agent to get the IMM - Campa Cola - Marketing Award for being the best Salesman in the country. The petitioner has also received Outstanding Young Person Award from Jaycees. The petitioner has been inte
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.