General Insurance Business (Nationalisation) Act, 1972

The appellants, former employees of United India Insurance, retired under the General Insurance Employees’ Special Voluntary Retirement Scheme, 2004 (SVRS‑2004) and claimed that they were also entitled to the notional five‑year service benefit provided under the earlier General Insurance (Employees) Pension Scheme, 199…

The Supreme Court examined whether Development Officers of New India Assurance who exercised the Special Voluntary Retirement Package (SVRP) under the 2003 Amendment Scheme could withdraw their option before the employer’s acceptance. The Court held that the SVRP is part of a statutory scheme framed under Section 17A o…

The plaintiff's motor car was damaged in an accident and, under the terms of his insurance policy, was taken to a repair workshop where the insurer approved the repair estimate and agreed to pay the charges. While in the workshop the car was destroyed by fire. The plaintiff sued the insurer claiming that, by virtue of …

The General Insurance Corporation of India, a wholly government‑owned insurer, set aside a sum for redemption of preference shares and debited it to its profit and loss account in accordance with Rule 2(2)(a) of the General Insurance Business (Nationalisation) Rules, 1973. The Income‑Tax Officer treated the amount as r…

The petitioners, employees of the nationalised general insurance companies, challenged the 30 September 1980 notification introducing the General Insurance (Rationalisation and Revision of Pay Scales and Other Conditions of Service) Second Amendment Scheme, alleging it violated Articles 14, 19(1)(g) and 31 of the Const…

The petitioners held mediclaim policies with United India Insurance Co. Ltd., a subsidiary of the General Insurance Corporation of India, and paid premiums annually. After several claims, the insurer refused to renew the policies, citing high claim ratios and pre‑existing diseases. The Gujarat High Court ordered renewa…

Dr. Suhas H. Pophale occupied a flat in the Indian Mercantile Mansion under a leave‑and‑license agreement dated 20‑12‑1972, which was later deemed a tenancy under Section 15A of the Bombay Rent Act (effective 1‑Feb‑1973). The premises became owned by Oriental Insurance Co. Ltd., a government‑owned company, on 1‑Jan‑197…

The respondents, employees of National Insurance Co., opted for voluntary retirement under the General Insurance Employees Special Voluntary Retirement Scheme, 2004 (SVRS 2004) and claimed pension under the General Insurance (Employees) Pension Scheme, 1995. The insurers rejected the claim, arguing that pension under t…

The Supreme Court considered appeals by Oriental Insurance Co. Ltd. and other insurers against claims filed by Hansrajbhai V. Kodala and others under Section 163A of the Motor Vehicles Act, 1988 for lump‑sum compensation on a structured formula basis. The claimants had also sought interim compensation from the Claims T…

Biman Krishna Bose had a mediclaim policy with United India Insurance Co. Ltd. After the insurer failed to pay a claim for his wife's hospitalization, Bose pursued the matter through consumer forums and the Supreme Court, eventually obtaining a decree for payment. While the litigation was pending, the policy fell due f…