Supreme Court Upholds Life Insurance Corporation's Interpretation of Controlled Business Under Life Insurance Corporation Act, 1956. Capital Redemption and Annuity Certain Businesses Held Included in Controlled Business of Composite Insurer Under Section 2(3) Explanation....
The dispute arose out of the nationalisation of life insurance business in India under the Life Insurance Corporation Act, 1956. The appellant, National Insurance Co. Ltd., was a composite insurer car...




