Category: Insurance

Further Extension of dates for renewal of health and motor vehicle third party insurance policies installments due to lockdown  Earlier the Government had extended the installments which were falling due for renewal from 25.03.2020 to 14.04.2020  MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 15th April, …

In Motor Accident Claims income must be determined on the basis of the income tax return, where available. – Supreme Court held that the ITR is a statutory document on which reliance may be placed to determine the annual income of the deceased. ABCAUS Case Law Citation:ABCAUS 3193 …

Depreciation to be computed only on sum insured in the absence of fraud, coercion or misrepresentation. Parties in insurance contract bound by sum insured – SC ABCAUS Case Law Citation: ABCAUS 2760 (2019) (01) SC Important Case Laws Cited/relied upon by the parties Sikka Papers Limited v. National Insurance …