Andhra Pradesh

StateCommission

FA/141/2012

L.V.V. SATYANARAYANA, S/O SANYASI NAIDU, AGED 33 YRS, - Complainant(s)

Versus

1. SHRIRAM LIFE INSURANCE CO. LTD., REP BY ITS BRANCH MANAGER, - Opp.Party(s)

MR. P.SURESH KUMAR

08 Apr 2013

ORDER

 
First Appeal No. FA/141/2012
(Arisen out of Order Dated 28/10/2011 in Case No. CC/371/2010 of District Visakhapatnam-I)
 
1. L.V.V. SATYANARAYANA, S/O SANYASI NAIDU, AGED 33 YRS,
R/O 2-67, APSEB BACKSIDE, PEDA BODDEPALLI NARSIPATNAM, VISAKAPATNAM.
...........Appellant(s)
Versus
1. 1. SHRIRAM LIFE INSURANCE CO. LTD., REP BY ITS BRANCH MANAGER,
D.NO.3-6-478, ANAND ESTATE, LIBERTY ROAD, HYDERABAD.
2. 2. SHRIRAM LIFE INSURANCE CO. LTD., REP BY ITS BRANCH MANAGER,
MVP COLONY BRANCH, M.V.P.COLONY,
VISAKHAPATNAM.
A.P.
...........Respondent(s)
 
BEFORE: 
 HONABLE MR. SRI R. LAXMI NARASIMHA RAO PRESIDING MEMBER
 HONABLE MR. T.Ashok Kumar MEMBER
 
PRESENT:
 
ORDER

A.P STATE CONSUMER DISPUTES REDRESSAL COMMISSION AT HYDERABAD

 

F.A.No.141 OF 2012 AGAINST C.C.NO.371 OF 2010 DISTRICT FORUM-I VISAKHAPATNAM

 

Between:

Lagudu Veera Venkata Satyanarayana S/o Sanyasi Naidu
Aged about 33 years R/o D.No.2-67, APSEB Backside
Peda Boddepalli, Narsipatnam, Visakhapatnam Dist.                                                                                                                                                                       

       

 

1.  Shrirram Life Insurance Co.Ltd.,
rep. by its Branch Manager
D.No.3-6-478, 3rd Liberty Road, Himayat Nagar, Hyderabad-029

2.  Shriram Life Insurance Co.Ltd.,
rep. by its Branch Manager
MVP Colony, Branch, MVP Colony
Visakhapatnam

 

                                                                                               

 

Counsel for the Appellant                     

Counsel for the Respondent                  

                       

       

QUORUM: 

                       SRI THOTA ASHOK KUMAR, HON’BLE MEMBER

 

 MONDAY 

  

 

Oral Order (As per Sri R.Lakshminarasimha Rao, Hon’ble Member)

***

 

1.             `25,000/- with interest and a sum of`20,000/- towards damages and`1,00,000/- towards compensation.

2.            `25,000/- with the respondent on 31.1.2008 under Life Insurance Scheme Sree Vikas with the respondent and the respondent issued receipt No.9018706 dated 3.1.2008.  

3.            `1,87,500/- and another proposal No.124808000076 in which Smt Lagudu Laxmi, mother of the appellant is shown as proper for taking insurance policy “Sree plus - `75,000/-.

4.            st`37,000/- towards first premium and respondent issued temporary receipt TR No.9018706 against the appellant’s proposal and TR No.9018707 against the proposal of appellant’s mother.   

5.             

6.             

7.               

8.            

 

9.            `1,87,500/- and the proposal form bearing No.124808000076 in the name of his mother for taking policy Shri Plus Regular for a term of 15 years for the sum assured`75,000/- is not disputed. 

10.               

11.               `35,000/- on 31.1.2008 for`37,000/-.

12.              

13.               

14.                  

15.               

16.            

In the result the appeal is dismissed confirming the order of the District forum.  

                                                                                                                                                                                                                                                                                                                           కె.ఎం.కె*

 
 
[HONABLE MR. SRI R. LAXMI NARASIMHA RAO]
PRESIDING MEMBER
 
[HONABLE MR. T.Ashok Kumar]
MEMBER

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