P.D.AUDIKESAVALU
P. Subramanian – Appellant
Versus
Insurance Ombudsman, Teynampet – Respondent
JUDGMENT
(Prayer: Writ Petition filed under Article 226 of the Constitution of India, 1950, praying to issue a Writ of Certiorarified Mandamus, calling for the records relating to proceedings of the First Respondent dated 06.02.2019 in Ref. No. CHN-L-029-1819-0703 and quash the same and direct the Second and Third Respondents to pay maturity sum of Rs.62,50,000/- (Rupees Sixty Two Lakh Fifth Thousand only) as per the policy document in Policy No. 705158949.)
Heard Mr. Sunder Mohan, Learned Counsel for the Petitioner and Mr. M.B.Raghavan of M/s. M.B.Gopalan Associates, Learned Counsel appearing for the Second and Third Respondents and perused the materials placed on record, apart from the pleadings of the parties.
2. The Petitioner had been issued with ‘Jeevan Saral’ policy bearing No. 705158949 by the Third Respondent on 28.03.2010 and it is accepted that he had been paying the premium at the rate of Rs.31,153/- every month from the time of its commencement on the due dates till July 2018. While so, the Third Respondent by letter dated 12.07.2018 informed the Petitioner that it had been noticed in the policy document issued that there had been inadvertent typographical error in the `M
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