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Upholds LIC’s Decision to Withhold Commissions: “Regulation 19 Bars Payments to Former Agents Engaged in Insurance Business

Home - Upholds LIC’s Decision to Withhold Commissions: "Regulation 19 Bars Payments to Former Agents Engaged in Insurance Business

Delhi High Court Upholds LIC’s Decision to Withhold Commissions: "Regulation 19 Bars Payments to Former Agents Engaged in Insurance Business, Gazette Notification is Sufficient Notice"

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Delhi High Court Upholds LIC’s Decision to Withhold Commissions: “Regulation 19 Bars Payments to Former Agents Engaged in Insurance Business, Gazette Notification is Sufficient Notice”

Court’s Decision The Delhi High Court dismissed the appeal filed against the Life Insurance Corporation of India (LIC) regarding the non-payment of commissions to a former agent. The court upheld…

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Rawlaw February 19, 2025

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