Insurance company can’t take a defence that did not form the basis of repudiation of the claim: Supreme Court of India

Supreme Court Bench comprising Justices Dinesh Maheshwari and Aniruddha Bose in a recent judgment1 held that in a proceeding against the insurance company for rejection of the claim, it cannot take a defence which did

Non-disclosure of material facts: a good ground for insurance company to repudiate claims

By Balram Patwa Introduction Insurance is nothing but a promise or assurance on the part of the insurer to pay an insured’s claim to the insured in return of receipt of the premium amount paid

CCI rejects plea to repeal IRDA (Licensing of Bancassurance Agents) Regulations, 2012

By Balram Patwa In Re Dilip Modwil v. IRDA [Decided on 12 September, 2014] Brief of the case Dilip Modwil (the “Informant”) approached the Competition Commission of India (“Commission”) through an application u/s 19(1)(a) of