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CASE COMMENT

CASE COMMENT : Mithulal Vs. LIC of India AIR 1982 SC 814 - By Simran Mithulal Vs. LIC of India AIR 1962 SC 814 Court                        :    Supreme Court of India Equivalent citations : 1962 AIR 814, 1962 SCR Supl. (2) 571  Civil Appellate Jurisdiction : C.A. No. 224 OF 1959   Petitioner               :      MITHULAL NAYAK                                                          Vs. Respondent            :      LIFE INSURANCE CORPORATION OF INDIA  Date of Judgment  :      15/ 01/ 1962 Bench                    :      Hon'ble  Mr. Justice S.K Das , Hon'ble Mr. Justice k. Subharao & Hon'ble Mr. Justice Raghubar Dayal  Act                       :       Insurance Act , 1938 (4 of 1938 ) , Indian Contract Act, 1872 (9 of 1872) CASE HISTORY It is a landmark case of Insurance Act (4 of 1938)   stating that Insurance life policy obtained by deliberate mis-statement and fraudulent supression and  Repudiation, by Company after two years whether pro