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4 judgments · newest first · showing 1–4
The respondent, appointed as a Development Officer on probation by Life Insurance Corporation of India (LIC), was terminated on 22 May 1986 under Regulation 14(4) of the LIC Staff Regulations, which allows discharge without notice or cause during probation. He challenged the termination before the …
The insured had taken four LIC policies and missed the third half‑yearly premium. A general agent collected a bearer cheque for the overdue premium after the grace period, encashed it and deposited the amount with LIC after the insured's death. LIC rejected the claim, stating the policies had lapsed …
M. Venugopal was appointed as a Development Officer of Life Insurance Corporation (LIC) on a one‑year probation, later extended to two years, with a condition that he achieve a minimum business target for confirmation. He failed to meet the target and his service was terminated during the extended …
The Supreme Court examined the constitutional validity of the Life Insurance Corporation (Amendment) Act 1981, the accompanying Ordinance and the Bonus and Dearness Allowance Rules, which sought to retrospectively nullify the 1974 settlements granting cash bonuses to Class III and IV employees of …
