https://www.taxtmi.com/caselaws?id=308397 A socio-beneficial insurance scheme for marginal farmers and bereaved families was held to be governed by a reasonable claim period. The Court found the rejection of a claim as time-barred unsustainable because it was filed within the condonable period reckoned from the date of death and policy expiry. It also held the scheme's short limitation period, with only limited condonation, to be arbitrary and unreasonable as it defeated the scheme's object and was inconsistent with the governing law on insurance contracts. The impugned rejection was quashed, and the limitation clause was replaced with a three-year period from the date of death or rejection of the claim. en-us Wed, 11 Nov 2020 00:00:00 +0530 Thu, 22 Jun 2023 19:23:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308397 A socio-beneficial insurance scheme for marginal farmers and bereaved families was held to be governed by a reasonable claim period. The Court found the rejection of a claim as time-barred unsustainable because it was filed within the condonable period reckoned from the date of death and policy expiry. It also held the scheme's short limitation period, with only limited condonation, to be arbitrary and unreasonable as it defeated the scheme's object and was inconsistent with the governing law on insurance contracts. The impugned rejection was quashed, and the limitation clause was replaced with a three-year period from the date of death or rejection of the claim. Case-Laws Indian Laws Wed, 11 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308397