Question
Ravish Kumar took a policy from LIC on his life. Despite having undergone treatment for various ailments just a few years back, he made a
Ravish Kumar took a policy from LIC on his life. Despite having undergone treatment for
various ailments just a few years back, he made a false statement that he had not availed
any treatment for the listed medical conditions. Having suppressed material information
from the insurance provider, his claim was rejected.
Section 17 of the Indian Contract Act, 1872, means and includes, inter alia, any of the
following acts committed by a party to a contract, with intent to deceive another party or
to induce him to enter into a contract1) The suggestion as to a fact of that which is not true by one who does not believe it to be
true.
2) The active concealment of a fact by one having knowledge or belief of the fact.
The LIC canceled the policy, Ravish Kumar sued the company for refund of the premium
paid. Decide.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started