Citation : 2021 Latest Caselaw 945 Ker
Judgement Date : 11 January, 2021
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE THE CHIEF JUSTICE MR.S.MANIKUMAR
&
THE HONOURABLE MR. JUSTICE SHAJI P.CHALY
MONDAY, THE 11TH DAY OF JANUARY 2021 / 21TH POUSHA, 1942
WP(C).No.30559 OF 2013(S)
PETITIONER/S:
VARGHESE VALAKUZHI, AGED 57,
S/O.V.E.EAPEN, 42, SABARMATHI ROAD, PALARIVATTOM P.O.,
ERNAKULAM - 682 025.
BY ADV. SRI.BABU PAUL
RESPONDENT/S:
1 UNION OF INDIA
REPRESENTED BY ITS PRINCIPAL SECRETARY, BANKING AND
FINANCE DEPARTMENT, NEW DELHI.
2 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY
PARISHRAM BHAVAN, 3RD FLOOR, BASHEER BAGH, HYDERABAD,
REPRESENTED BY ITS EXECUTIVE DIRECTOR.
3 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY,
PARISHRAM BHAVAN, 3RD FLOOR, BASHEER BAGH, HYDERABAD,
REPRESENTED BY ITS CHAIRMAN.
4 TATA MOTORS INSURANCE BROKING ADVISORY SERVICE LTD.,
UNIT 801-804, 8TH FLOOR, TULISANI CHAMBERS, NARIMAN POINT,
BOMBAY - 400 021.
R1 BY ADV. SMT.DEVI.C.HARIDAS
R1 BY ADV. SRI.V.KRISHNA MENON
R1 BY ADV. SRI.E.K.MADHAVAN
R1 BY ADV. SMT.J.SURYA
R1 BY ADV. SMT.UMA GOPINATH
R1 BY ADV. SMT.P.VIJAYAMM
SRI. P.VIJAYAKUMAR, ASG FOR R1,
SRI.K.L.NARASIMHAN, FOR R2 AND R3
THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 11.01.2021,
THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
W.P.(C) No. 30559/2013 :2:
Dated this the 11th day of January, 2021.
JUDGMENT
S. MANIKUMAR,CJ.
Petitioner has filed this writ petition for a direction to respondents
2 and 3, to strictly follow Exhibit P4 circular dated 11.10.2013 in its
entirety and praying that till they streamline the procedures and strictly
implement the provisions of the Insurance Act, 1939, no licence shall be
renewed to any corporate broker having presence in insurance, including
the 4th respondent, who has violated the regulations of IRDA.
2. Today, when the matter is taken up, Sri. T.C. Krishna, learned
counsel representing the learned counsel for the petitioner on record,
submitted that he is not pressing the writ petition.
Placing on record the aforesaid submission, this writ petition is
dismissed as not pressed.
S. MANIKUMAR, CHIEF JUSTICE.
SHAJI P. CHALY, JUDGE.
Rv
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