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Report No. 112

Chapter 6

Recommendations

6.1. Recommendations.-

On the basis of the materials contained in the preceding Chapters, we now proceed to make our own recommendations on the subject under consideration. Section 45 should be recast in such a manner as would reconcile the right of the insured or a claimant by giving protection from challenge on frivolous grounds, and the right of the LIC to repudiate only on good grounds.



Section 45 of the Insurance Act, 1938 Back




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