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Fire Insurance | Exact Cause Of Fire Immaterial If Insured Was Not Responsible For Initiating Fire: Supreme Court - Vimarsana News

Fire Insurance | Exact Cause Of Fire Immaterial If Insured Was Not Responsible For Initiating Fire: Supreme Court

In a fire insurance claim, the Supreme Court recently held that the exact cause of the fire is immaterial if the insured is not implicated as the one responsible for initiating the fire. This...

Source: livelaw.in
Aegon Life Insurance Asked To Pay Rs55 Lakh with 6% Interest as Death Claim - Vimarsana News

Aegon Life Insurance Asked To Pay Rs55 Lakh with 6% Interest as Death Claim

While upholding an order passed by the state commission, the national consumer disputes redressal commission (NCDRC) directed Aegon Life Insurance Company Ltd to pay Rs55 lakh with 6% interest and Rs3.05 lakh as compensation and cost of litigation to the nominee of the deceased life insured (DLA).

Section 30(4) Of IBC Directory In Nature, Does Not Compel COC To Distribute Payments Based On Value Of Security : NCLT Hyderabad - Vimarsana News

Section 30(4) Of IBC Directory In Nature, Does Not Compel COC To Distribute Payments Based On Value Of Security : NCLT Hyderabad

The National Company Law Tribunal (“NCLT”), Hyderabad Bench, comprising of Shri Dr. N. V. Rama Krishna Badarinath (Judicial Member) and Shri Satya Ranjan Prasad (Technical Member), while...

Source: livelaw.in