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Consumer Wins in Supreme Court: Chit Fund Payments Must Be Refunded, Service Providers to Bear Proof

Consumer Wins in Supreme Court: Chit Fund Payments Must Be Refunded, Service Providers to Bear Proof

Consumer Wins in Supreme Court: Chit Fund Payments Must Be Refunded, Service Providers to Bear Proof

Supreme Court rules in favor of consumer rights, mandates chit fund refunds and proof burden on service providers.

Consumer Rights

May 13, 20244 min read

In a Landmark Decision, the Supreme Court of India Addresses the Acceptance of Insurance Proposals in Mrs. Bhumikaben N. Modi & Ors. vs. LIC

In a Landmark Decision, the Supreme Court of India Addresses the Acceptance of Insurance Proposals in Mrs. Bhumikaben N. Modi & Ors. vs. LIC

In a Landmark Decision, the Supreme Court of India Addresses the Acceptance of Insurance Proposals in Mrs. Bhumikaben N. Modi & Ors. vs. LIC

Supreme Court decisively clarifies insurance proposal acceptance in Modi vs. LIC, setting a precedent for insurer conduct under law.

Insurance law & Consumer Protection

May 9, 20243 min read

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