Case nº Revision Petition No. 1555 Of 2012, (Against the Order dated 06/01/2012 in Appeal No. 600/2009 of the State Commission Andhra Pradesh) of NCDRC Cases, May 17, 2017 (case LIC of India Vs Keshav Kanth Inani)

JudgeFor Appellant: Mr. Anoop K. Kaushal, Adv.
PresidentMr. D.K. Jain,President and Mrs. M. Shreesha, Member
Resolution DateMay 17, 2017
Issuing OrganizationNCDRC Cases


Having regard to the quantum of compensation, i.e. `1,00,000/- awarded by the State Commission against the Children Money Back Policy, obtained by Complainant''s father in his name, we do not find it to be a fit case for exercise of our Revisional Jurisdiction. Accordingly, without going into the merits of the issues sought to be raised in the Revision Petition by the Life Insurance Corporation of India, we uphold the directions with regard to payment of the afore-said amount.

Nevertheless, having regard to the facts and circumstances of the case, and bearing in mind the fact that the Complainant has chosen not to contest this Petition, we direct that the Insurance...

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