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Bombay High Court Upholds Daughters’ Right to Insurance Policy Maturity Amount, Rules Beneficial Nominee Has Statutory Ownership Under Section 39(7) of Insurance Act, Overriding Succession Law Where Policies Are Self-Acquired, Denies Widow’s Interim Claim Due To Absence of Title and Disputed Will
Court’s Decision The Bombay High Court dismissed the writ petitions challenging the trial court’s orders that denied withdrawal of insurance policy maturity amounts by Class I legal heirs on the…
