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CALCUTTA HIGH COURT
Amrita Sinha, J
Mainuddin Ahammad & Ors. – Appellant
Versus
Union of India & Ors. – Respondent
| Table of Content |
|---|
| 1. petitioners claim rights as legal heirs. (Para 1 , 2 , 3) |
| 2. arguments regarding nominee and legal heir rights. (Para 4 , 5 , 6) |
| 3. court observations on pending communication and claim settlement. (Para 7 , 8) |
| 4. final court ruling directing lici to inform petitioners. (Para 9) |
1. The petitioners claim to be the heirs and legal representatives of a person who had obtained a life insurance policy indicating his nominees.
2. The petitioners submit that they are entitled to their share in the money left by their deceased father who was holding the life insurance policy and the same stood matured long back.
3. The petitioners submit that the nominees do not have the right usurp the entire money in the policy and the nominee is bound to distribute the amount to the heirs of the deceased policy holder in accordance with the law of succession.
4. The petitioners rely upon the judgment delivered by the Hon’ble Supreme Court in the matter of Shipra Sengupta Vs. Mridul Sengupta & Ors. reported in (2009) 10 Supreme Court Cases 680 wherein the Court held that the nominee is entitled to receive the money but the amount so received is to be distributed according to the law of succes
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