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of <h1>Court upholds deceased agent's nomination, rejects plaintiff's claim for commission share. No costs awarded.</h1> <h3>B.M. Mundkur Versus Life Insurance Corporation of India and Ors.</h3> The court dismissed the appeal and upheld the validity of the nomination made by the deceased agent in favor of the second respondent. The second ... - Issues Involved:1. Jurisdiction of the Court2. Plaintiff's entitlement to a share in the renewal commission3. Effect of the nomination made by the deceased4. Waiver of rights by the plaintiff5. Validity of the discharge of the second defendant under Section 44 of the Insurance Act6. Plaintiff's entitlement to the declaration and injunction prayed for7. Reliefs entitled to the partiesDetailed Analysis:1. Jurisdiction of the Court:The judgment does not provide specific details regarding the argument or decision on the issue of jurisdiction. Therefore, it can be inferred that the jurisdictional question was either not seriously contested or was resolved in favor of the court having jurisdiction.2. Plaintiff's Entitlement to a Share in the Renewal Commission:The plaintiff contended that under Section 44(2) of the Insurance Act, the commission should be payable to the heirs of the deceased agent. However, the court found that the proviso added by the Government of India Notification in 1962 allowed the commission to be paid to the nominee if a nomination was made and registered. The court concluded that the second respondent, as the nominee, was entitled to receive the commission in her own right.3. Effect of the Nomination Made by the Deceased:The court held that the nomination made by Srinivasa Rao in favor of the second respondent was valid and effective. The proviso to Section 44(2) of the Insurance Act, as amended by the Government of India Notification, allowed the nominee to receive the commission as the owner. The court emphasized that the nomination was not merely for the purpose of receiving the money on behalf of the estate but conferred a beneficial interest on the nominee.4. Waiver of Rights by the Plaintiff:The second respondent argued that an agreement was entered into by the appellant, respondents 3 and 4, and their mother, which waived their rights in favor of the second respondent. The trial court accepted this argument, holding that the other parties had given up their rights to claim the renewal commission. The appellate court did not find it necessary to address this issue in detail due to its conclusion on the second point.5. Validity of the Discharge of the Second Defendant under Section 44 of the Insurance Act:The court upheld the validity of the discharge of the second defendant under Section 44 of the Insurance Act. It found that the nomination made by Srinivasa Rao was in accordance with the statutory provisions and the notification issued by the Government of India. Therefore, the payment of the commission to the second respondent was valid.6. Plaintiff's Entitlement to the Declaration and Injunction Prayed for:The plaintiff sought a declaration that he was entitled to a share of the renewal commission and an injunction to restrain the first respondent from paying the second respondent more than her half share. However, the court dismissed these claims, holding that the second respondent was entitled to receive the entire commission as the nominee.7. Reliefs Entitled to the Parties:The court dismissed the appeal filed by the plaintiff and upheld the trial court's decision. It concluded that the second respondent was entitled to receive the commission in her own right and that the first respondent was justified in paying the commission to her.Conclusion:The appeal was dismissed, and the court upheld the validity of the nomination made by the deceased agent in favor of the second respondent. The second respondent was entitled to receive the commission in her own right, and the plaintiff's claims for a share of the commission and related reliefs were rejected. The court did not make any order as to costs, considering the legal question addressed for the first time in the appeal.
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