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Madras High Court Dismisses Writ Petitions Challenging LIC Amendment Rules 2016, Holds No Infringement of Promotional Rights. Court Rules That Development Officers Retain Promotion to Assistant Branch Manager, Equivalent to Assistant Administrative Officer, and Amendment Is Not Discriminatory.

The petitioners, Development Officers in the Life Insurance Corporation of India (LIC), filed writ petitions before the Madras High Court seeking a de...

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Supreme Court Allows LIC to Proceed with Dismissal of Convicted Employee Despite Pending Criminal Appeal. Suspension of Sentence Does Not Stay Conviction Under Regulation 39(4) of LIC (Staff) Regulations 1960.

The Supreme Court allowed the appeal filed by the Life Insurance Corporation of India (LIC) against the judgment of the Gujarat High Court Division Be...

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Bombay High Court Dismisses Writ Petitions Seeking Permanency for Apprentice Development Officers of LIC. Apprenticeship Training Scheme under Section 18 of the Life Insurance Corporation Act, 1956 does not create employer-employee relationship or right to absorption.

The petitioners, a group of individuals who were engaged as apprentice development officers by the Life Insurance Corporation of India (LIC) under a t...

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Supreme Court Enhances Compensation for LIC Policyholder Due to Deficiency of Service in Jeevan Aastha Plan. LIC's failure to process proposal and wrongful retention of premium for five years amounts to deficiency of service under the Consumer Protection Act, 1986.

The appellant, Madhav Hari Joshi, submitted a proposal to the Life Insurance Corporation of India (LIC) under its Jeevan Aastha Plan on 31 January 200...

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Bombay High Court Declares LIC Owner of Suit Property, Orders Removal of Unauthorized Construction by Defendants. Defendants' claim based on revenue stay order and adverse possession fails as LIC's title from 1948 conveyance and statutory vesting under Life Insurance Corporation Act, 1956 is established.

The Life Insurance Corporation of India (LIC) filed a suit seeking declaration of ownership, removal of construction, and possession of land in Eksar,...

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High Court of Gujarat Dismisses Appeal of Development Officer in LIC Termination Case for Non-Compliance with Performance Benchmarks. Confirmation of Appointment Does Not Confer Immunity from Termination Under LIC Staff Regulations.

The appellant, Mahesh Harikrishna Vyas, was appointed as an Apprentice Development Officer with the Life Insurance Corporation of India (LIC) on 10.11...

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Bombay High Court Quashes Employer's Acceptance of Resignation After Employee Withdrew It Before Effective Date. Acceptance of Resignation After Withdrawal Invalid Under Service Law; Employee Granted 75% Back Wages for Involuntary Unemployment.

The petitioner, a Development Officer employed by the Life Insurance Corporation of India at Aurangabad, approached the Aurangabad Bench of the Bombay...