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    <title>1995 (5) TMI 247 - Supreme Court</title>
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    <description>A public authority&#039;s life insurance scheme, though contractual in form, remained subject to Article 14 standards of fairness, reasonableness, and non-arbitrariness because it had a public character and served a social security purpose. A writ challenge was maintainable against the scheme&#039;s eligibility conditions even without a concluded contract. Restricting term insurance to salaried persons in Government, quasi-Government, or reputed commercial firms was held to lack a rational nexus with the scheme&#039;s object of extending low-cost protection more broadly, including to unorganised and self-employed persons. The impugned eligibility clause was therefore unconstitutional and severable, while the remaining scheme could operate independently.</description>
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    <pubDate>Wed, 10 May 1995 00:00:00 +0530</pubDate>
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      <title>1995 (5) TMI 247 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=157473</link>
      <description>A public authority&#039;s life insurance scheme, though contractual in form, remained subject to Article 14 standards of fairness, reasonableness, and non-arbitrariness because it had a public character and served a social security purpose. A writ challenge was maintainable against the scheme&#039;s eligibility conditions even without a concluded contract. Restricting term insurance to salaried persons in Government, quasi-Government, or reputed commercial firms was held to lack a rational nexus with the scheme&#039;s object of extending low-cost protection more broadly, including to unorganised and self-employed persons. The impugned eligibility clause was therefore unconstitutional and severable, while the remaining scheme could operate independently.</description>
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      <pubDate>Wed, 10 May 1995 00:00:00 +0530</pubDate>
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