National Consumer Disputes Redressal Commission Alerting Insurer About Renewal Of Insurance Is Bank s Responsibility: NCDRC Holds Syndicate Bank Liable For Deficiency In Service Case Title:.
The National Consumer Disputes Redressal Commission, presided by AVM J. Rajendra, held that the revisional jurisdiction of the National Commission under Section 21(b) is limited in nature and can.
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Upholding an order passed by the state commission for deficiency in service, the national consumer disputes redressal commission (NCDRC) directed Life Insurance Corporation of India (LIC) to pay Rs1.50 lakh for damages and Rs21,000 for appeal expenses to a consumer. In this case, LIC agent had changed the policy amount, plan, tenure and premium period.