2018 INSC 0412
                                    SUPREME COURT OF INDIA

                                     United India Insurance Co.Ltd.

                                                      Vs.

                                                       ...

                               (A.K.Sikri and Hon. Ashok Bhushan,JJ.,)

                                        SLP(Civil)No.15500/2017

                                                 02.07.2018

                                                JUDGMENT

Ashok Bhushan,J.,

1. Leave granted.

2. In result, the appeals are partly allowed and the judgment of High Court dated 09.12.2016
is modified in the following

(i) The direction of High Court directing insurance companies to adhere to fees schedule
issued by GIPSA dated 21.02.2005 w.e.f. 01.11.2004 is set aside.

We, however, make it clear that any payment of fee made as per said Circular dated
21.02.2005 shall be treated as final and not to be re-opened.

(ii) The insurance companies shall adhere to the schedule framed by GIPSA, i.e. 01.01.2009
and 01.04.2014 and fee wherever payable shall be paid and balance wherever payable shall
be paid as admitted by insurance companies themselves before the High Court.

(iii) The direction issued by the High Court regarding payment of interest is set aside.
Pending accordingly. application(s), if any, stands disposed of

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