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Report No. 126

Annexure II-Contd.

Queries Set Out

1985-86

1986-87

1987-88

LIC

ESI Corpn.

EPF Orgn.

GIC

LIC

ESI Corpn.

EPF Orgn.

GIC

LIC

ESI Corpn.

EPF Orgn.

GIC

(a)

Number of claims which were repudiated yearwise from 1980 onwards.

923

3012

924

1,31,673*

(b)

On the repudiation being communicated, the number of suits filed by the party year to year.

169

Not applicable

_

122

Not applicable

25,216

Not applicable

(c)

The Stake involved in each case

Rs. 50, 425 (Average) sum assured of a policy .

Not applicable

_

Rs. 52, 599 (average) sum assured of a policy.

Not applicable

_

Not applicable

(d)

The decision of the first or the court of original jurisdiction in each suit.

30 (in favour) 53 (against)

Not applicable

_

27 (in favour) 34 (against)

Not applicable

_

Not applicable

(e)

If the decision was adverse to the Corporation, in how many matters appeals decided were preferred.

Out of adversely decided 15

Not applicable

_

Out of adversely decided 17

Not applicable

_

Not applicable

(f)

In how many matters second appeals were preferred.

Not applicable

_

By LIC 2

Not applicable

_

Not applicable

(g)

How many matters were taken to the Supreme Court of India.

By LIC 1 By claimant 1

By 14 against 1

Not applicable

_

By LIC 1

By 16 Against 7

_

_

By 17 Against 6

By 41 Against 228

(h)

The total cost of litigation in relation to the stake involved.

_

_

Not applicable

_

_

Not applicable

_

_

Not applicable

(i)

The yearwise expenditure on establishment for legal advice maintained by the Corporation including the number of personnel manning the Coprn. Please state the percentage legal expense bears to total expense of the Corporation.

Legal expenses of cases (except South Zone) Rs. 1,59,236

Legal expenses Rs. 8.80 lakhs No. 12,728 % of legal expenses to Admn expenditure = 0.30%

Not made available

Legal expenses of cases (except South Zone) Rs. 2,40,674

Legal expenses of Rs. 9. 78 lakhs No. 12,737% of legal expenses to Admn. Expenditure 0.28%

Not made available

_

_

Not made available

(j)

Please state the number of cases in which the opinion of the legal department was over-ruled with a view to pursuing litigation. Also state the number of matters withdrawn when court showed itS displeasure.

_

Not made available

_

_

Not made available

_

_

Not made available

Withdrawn By LIC 8

Withdrawn By LIC 20

(k)

Any other information correlated to any of the queries raised hereinabove.

_

Nil

1% claims are rupudiated.

Nil

Nil

_

Nil

* Claims accumulated over the year and pending with one of the companies viz. New India Assurance Co. Ltd. as on 31-12-1986. Out of a total of Rs. 1,31,673 only 7448 claims were pending in courts and 17708 were pending with Motor Accidents claims Tribunal.



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