Judgment Search Results Home > Cases Phrase: general insurance business nationalisation act 1972 section 37 vacancies etc not to invalidate proceedings Court: kerala Page 1 of about 6 results (0.167 seconds)

The Kerala State Road Transport Corporation Vs. the General Insurance ...

Court : Kerala

Reported in : 1998ACJ900; AIR1998Ker184

..... time, the corporation found that the reserve amount in the fund was not enough for the discharge of the claims. hence it decided to insure its vehicles with the insurance company.5. the general insurance business in india has been nationalised by the general insurance business (nationalisation) act, 1972. section 2 of the act says that the act was promulgated for giving effect to the policy of the state towards ..... of this case, i am of the view that this is a case where the general insurance corporation of india and the other general insurance companies have not acted in the way in which they were expected to act. the general insurance corporation of india was formed on the basis of the general insurance business (nationalisation) act, which declared that the policy of the act is to promote the directive .....

Kerala State Insurance Department Vs. Union of India

Court : Kerala

Reported in : 2012(2)KLT941; 2012(2)KHC683

..... of any contingency dependent on his life. 13. similarly, sec.36(1)(a) of the general insurance business (nationalisation)act excludes any general insurance business carried on by the state government, to the extent the insurance relates to the properties belonging to it or undertakings owned wholly or mainly by the state government ..... exempts the petitioner from the operation of the statute and similar exemption is provided under section 36(1)(a) of the general insurance business (nationalisation) act in respect of the general insurance coverage being given to the public property. the learned spl. government pleader further submits that the position has been clarified by ..... provided under section 44(f) of the lic act and the public property coverage exempted under section 36(1)(a) of the general insurance business (nationalisation) act. absolutely no business is being done by the petitioner/government department, but for meeting the obligation as above and hence there is no 'taxable service .....

Padma Menon Vs. General Insurance Corporation of India and ors.

Court : Kerala

Reported in : (1979)IILLJ1Ker

..... . she completed her probation successfully and her service was regularised in due course. while so in september, 1972 the general insurance business (nationalisation) act, act 57 of 1972 was passed by the parliament. by this act the shares in the capital of every indian insurance company was statutorily transferred to and vested in the central government. the central government was directed to form a government ..... find out the scope and the effect of the general insurance business (nationalisation) act, 1972 (act 57 of 1972). the act is passed to provide for the acquisition and transfer of shares of indian insurance companies and undertakings of other existing insurers in order to serve better the needs of the economy by securing the development of general insurance business in the best interests of the community. by section .....

P.V. Mani and ors. Vs. Union of India (Uoi) and ors.

Court : Kerala

Reported in : AIR1986Ker86

..... conditions of service of transferred employees for the purpose of effectuating the transfer and integration of employees and standardisation of theconditions of their services.13. a similar provision of the general insurance business (nationalisation) act, 57 of 1972, was considered by the supreme court in the decision reported in ajay kumar banerjee v. union of india air 1984 sc 1130 : 1984 lab ic 691 ..... on 30th september, 1980 in purported exercise of the power of the central government under section 16(1)(g) of the general insurance business (nationalisation) act. that scheme was challenged as beyond the competence of the central government, since the merger of the insurance companies into four companies in aid of which alone schemes could be framed, had already become effective long prior to the .....

Chairman, National Insurance Co. Ltd. Vs. S. Narayanankutty

Court : Kerala

Reported in : (1986)ILLJ84Ker

..... the branch manager of calicut of the ruby general insurance company which, in consequence of the nationalisation of the private insurance companies, got itself merged with the national insurance company ltd., it being one of the four nationalised general insurance companies allowed to carry on the general insurance business under thesupervision and control of the national insurance corporation in accordance with the general insurance business (nationalisation) act, 1972 (57 of 1972), hereinafter referred ..... to as the act. thus, the 'national' the 'oriental', the 'united india' and the 'new india' became the four instrumentalities of the central government to do themonopoly business of general insurance. a .....

C.C. Rajappan Vs. M/S. the New India Assurance Company Ltd.

Court : Kerala

..... 1975 as also the cda rules of 2003 is that the same has not been notified as provided under wp(c).26520/12 4 section 39 of the general insurance business (nationalisation) act, 1972 (for brevity 'the act of 1972) and hence, the 1st respondent could not have proceeded under either of the said rules.5. the ..... one enacted to provide for the acquisition and transfer of shares of indian insurance companies and undertakings of other existing insurers to serve better the economy and public interest by securing the development of general insurance business and for the regulation and control of such business. act of 1972 does not at all regulate the service of the employees ..... of the insurance company. the act as is evidenced from section 2, declares it to be one enacted for giving .....

iyper Vs. L.i.C. of India

Court : Kerala

Reported in : (1976)IILLJ28Ker

..... is that of the central government and the hands are also of the central government.* * * the life insurance corporation is owned by the government. the life insurance business is nationalised and vested in the corporation. no other insurer can carry on life insurance business. the management is by the government. the dissolution can be only by the government.* * * in ..... branch during the year 1965. it is said that like every other development officers he has also to fulfil the minimum norms required for development officers in general, working in the corporation. there is no justification for him to claim any exception in this regard. he is bound by ext. r6. it is ..... .. rs. 90rs. 530 to rs. 605 .. re. 95the revised scales of pay and dearness allowance mentioned herein will be effective from 1st january, 1963.* * * * vii. generally* * * * (2) n.f.i.f.w.i. has been demanding that the present system of appraisals should be ended and development officers be granted regular annual increments in .....

K.R. Kumaran and ors. Vs. State of Kerala

Court : Kerala

Reported in : 1961CriLJ98

..... trichur. the 2nd accused, it is said, was his compounder while the 3rd accused was an agent of the lakshmi insurance company and later, after lite insurance was nationalised, of the life insurance corporation doing business in the trichur area.in 1956 there was a man by the name of gopalan nair but called kochubala menon and hereinafter ..... particulars and enclosing the policy and other documents as required by the insurers by their reply dated 13-12-1956 to his first letter.on 19-1-1956 life insurance was nationalised and on 1-9-1956 the newly formed life insurance corporation took over the business of all the companies. the reply to ext. p44 was by ..... referred to as gopalan nair who was living in the 1st accused's dispensary as his dependant and was generally assisting the 1st accused .....

The New India Assurance Company Limited, Trivandrum Vs. Syed Mohammed, ...

Court : Kerala

Reported in : AIR1991Ker368

..... bona fide and real claim is allowed and that it is allowed in the quickest possible time. the conduct of the officials before the nationalisation in relation to their business activities and the conduct of the cases before the court has left such an impression in the minds of those who had occasion to deal ..... recent case (vests v. butcher) (1988) 1 lloyd's rep 19. according to them, the express warranty clause is one which is generally incorporated in the vessel's marine hull insurance policy and as such any terms/phrases should be read in the context of their meaning in marine usage and practice. the experts concluded ..... waters and in unpredictable weather, had their attendant perils and risks for the boats and the crew. modern business organisations plan in advance the averting of unexpected tragedies. insurance was necessarily popular with the fishing vessels. such insurance policies, by and large, were modulated on the settled forms of marine policies. the terms and conditions, the .....

immanuel Paul Chakkola Vs. Catholic Syrian Bank and ors.

Court : Kerala

Reported in : [1988]64CompCas399(Ker); [1986(52)FLR5]; (1987)IILLJ198Ker

..... not obtain in the case of other enterprises, such as, in the matter of the payment of dividends, election of new directors, the convening of the general body, etc. the business activities that could be undertaken by a bank are circumscribed by statutory provisions. there is prohibition aboutthere being common directors. even about the mode of giving loans, ..... society--sherthallai urban co-op. bank ltd. v. state of kerala, [1984] klt 970, housing board--s. kumaran v. chairman, kerala state housing board, [1984] klt 668. a nationalised bank, it was conceded, was 'state ' under article 12 (k. jagachandran v. canara bank, [1983] klt 983), but the taluk co-operative land mortgage bank ltd., it was ..... , every depositor is insured up to rs. 30,000. in particular, reference was made to section 24 of the act about the manner in which deposits of funds could be made by a bank. thirty-six per cent, has to be in government security bonds and in nationalised banks and 9% will have to be deposited in the .....