Hi To put a non legal perspective, the government / regulators can issue guidelines which holds good for the entire industry which includes both public and private bodies. When RBI issues guidelines it does not differentiate between the private and PSu's. At any rate, the stats does not bring about any justification on applying additional premium. There is no basis for the additional premium which would fall into what can be termed as arbitrarily decision.
Harish Kotian -----Original Message----- From: AccessIndia [mailto:[email protected]] On Behalf Of Amar Jain Sent: 20 May 2013 13:34 To: accessindia Subject: Re: [AI] Views Invited: Legal issues in an insurance contract for people with disabilities. Dear Akhil Bhaiya, At last, I see someone's legal views. May be my drafting of second question needs to be revisited by myself to make it more clear. What I meant to ask, that considering that LIC and other such bodies being created for public welfare etc., the principles were being applied through this judgment keeping the social welfare objective in mind. But, would the principles hold good even in case of private insurers? As you rightly said, this judgment by itself will not be applicable to private bodies (unless the court sitting to interpret and stretches it to the private insurers keeping the public objective in mind), but that is a matter of construction, and as a general rule it will not be applicable. But can the principles of this judgment bind the other bodies too? Or, would the principles be restricted to Art. 12 bodies? Lets hope that we have more views in toto on this issue. Regards -- Amar Jain. Website: www.amarjain.com Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list.. Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list..
