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Bombay High Court Dismisses Petition Challenging LIC's Reduction in Gratuity Fund Policy Surrender Value. LIC's decision to pay 92.5% of cash accumulation upheld as consistent with policy terms and not arbitrary.

The petitioners, trustees of the Godrej & Boyce Manufacturing Company Limited Employees’ Gratuity Trust Fund, had taken out a group gratuity policy ...

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Gujarat High Court Dismisses Insurance Company's Appeal in Motor Accident Claim, Upholds Pay and Recovery Order. Third-Party Claimants Entitled to Compensation Despite Driver's License Violation; Insurer Directed to Pay and Recover from Owner/Driver.

The case arises from a motor accident claim petition filed under Section 166 of the Motor Vehicles Act, 1988, by the legal representatives of the dece...

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Bombay High Court Allows Writ Petition in Insurance Claim Dispute — Mandamus Issued for Reimbursement of Neonatal Treatment Expenses. Clause 3.11 of Mediclaim Policy Interpreted to Cover New-Born Babies from Birth, Not After 90 Days.

The petitioner, Rita Kirit Joshi, held two Mediclaim policies with New India Assurance Company (respondent no. 1) covering herself and her family. She...

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Supreme Court Allows Appeal by Appellants, Setting Aside High Court Order Imposing Penalty Liability on Insurance Company Under Employees Compensation Act, 1923 -- Employer Solely Liable for Penalty Under Section 4A(3)(b) as Per Ved Prakash Garg Judgment

The Supreme Court allowed the appeal by Appellants, challenging the Delhi High Court's order that imposed liability for penalty under Section 4A(3)(b)...

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Bombay High Court Dismisses Petitioner's Claim for COVID-19 Insurance Cover Due to Death After Cut-Off Date. The court held that the scheme's cut-off date of 30th June 2021 must be strictly applied based on the date of death, not the date of infection.

The petitioner, Ramesh Balu Patil, filed a writ petition before the Bombay High Court seeking a writ of mandamus to quash the order dated 24th May 202...

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Gujarat High Court Upholds Pay and Recover Order in Motor Accident Claim — Insurance Company Liable to Third Party Despite Policy Breach. Gratuitous Passenger in Goods Vehicle Does Not Exonerate Insurer from Paying Compensation to Claimants.

The appellant, Cholamandalam MS General Insurance Co. Ltd., filed appeals under Section 173 of the Motor Vehicles Act, 1988, against a common judgment...

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Gujarat High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Pay and Recover Order for Gratuitous Passenger in Goods Vehicle. Statutory Duty of Insurer to Satisfy Third-Party Award Under Section 149 of Motor Vehicles Act, 1988, Even if Policy Conditions Breached.

The appellant, Cholamandalam MS General Insurance Co. Ltd., filed a first appeal under Section 173 of the Motor Vehicles Act, 1988, against the common...