Order XXIII Rule 3 Compromise of suit—Where it is proved to the satisfaction of the Court that a suit has been adjusted wholly or in part by any lawful agreement or compromise in writing and signed by the parties or where the defendant satisfied the plaintiff in respect to the whole or any part of the subject-matter of the suit, the Court shall order such agreement, compromise or satisfaction to be recorded, and shall pass a decree in accordance therewith so far as it relates to the parties to the suit, whether or not the subject matter of the agreement, compromise or satisfaction is the same as the subject-matter of the suit: Provided that where it is alleged by one party and denied by the other that an adjustment or satisfaction has been arrived at, the Court shall decide the question; but not adjournment shall be granted for the purpose of deciding the question, unless the Court, for reasons to be recorded, thinks fit to grant such adjournment.
The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?
Insurance companies can have a exposure of to financial and insurance activities upto ____ of investment assets as per IRDAI.
A property or liability insurance contract in which all risks of loss are covered is called?
Which type of insurance usually requires higher premium ?
After which of the following year the Government of India started publishing returns of Insurance Companies in India?
Which of the following is the benefit accrued to an insured for not making any claims during the previous policy period?
Who was the originator of calculating the Human Life Value for the insurance requirement?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?
In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
