Court : Karnataka
..... by a court in india: provided that no sum shall be payable by the insurer in respect of any such judgment unless, before the commencement of the proceedings ..... judgment as is referred to in sub-section (1) is obtained from a court in a reciprocating country and in the case of a foreign judgment is, by virtue of the provisions of section 13 of the code of civil procedure, 1908 (5 of 1908) conclusive as to any matter adjudicated upon by it, the insurer (being an insurer registered under the insurance act, 1938 (4 of 1938) and whether or not he is registered under the corresponding law of the reciprocating country) shall be liable to the person entitled to the benefit of the decree in the manner and to the extent specified in sub- section (1), as if the judgment were given .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!Court : Karnataka Dharwad
..... the absence of any consideration there can be no contract and that is all what is recognised by section 64-vb of the insurance act, 1938. ..... as sub-sections (1) and (2) of the said section alone are material for the purpose we extract them herein: (1) no insurer shall assume any risk in india in respect of any insurance business on which premium is not ordinarily payable outside india unless and until the premium payable is received by him or is guaranteed to be paid by such person in such manner and within such time as may be prescribed or unless and until deposit of such amount as may be prescribed, is made in advance in the prescribed ..... section 2(d) of the act says that every insurer shall be subject to all the provisions of this act in relation to any class of insurance business so long as his liabilities in india in respect of business of that class remain unsatisfied or not otherwise provided ..... section 2(9) of the insurance act defines insurer, inter alia, as anybody corporate carrying on the business of insurance which is a body corporate incorporated under any law for the time being in force in ..... have to consider how far the legislature has controlled the insurance business. ..... sri.tulsidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi-590001 ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi ..... tulasidas channappa soudagar, age major, occ: business, r/o: paragaon galli, athani, dist: belagavi .....
Tag this Judgment!