1. Suit for recovery of money.

2. The averments contained in the plaint are briefly stated as follows:

2.1. The plaintiff is an Institute approved, affiliated and accredited to the Insurance Regulatory Development Authority (IRDA) a statutory body and the defendant is a reputed Insurance Company having its registered Office at the address mentioned in the plaint and also functioning through its Units within the city of Chennai. Under the provisions of IRDA Act and Rules and Regulations relating to the recruitment of agents, the Insurance Company can recruit agents to work in their organization, only after such agents have undergone training imparted by an Institute approved by and accredited to IRDA. The accredited Institute of Training for the purpose of imparting such training as per the Rules and Regulations can take such candidates as sponsored by various Insurance Companies and thereby the candidates, who are enrolled for such training have to undergo requisite period of training as detailed in the plaint and also the training should be imparted to them covering the syllabus already prescribed by the Authority and after completion of the training, the Institute shall i