SRD Law Notes

Showing posts from July, 2019

Objective Type Questions on Insurance Contract (Insurance Law )

Multiple Type Questions and Answer...(Insurance Law) 1. Choose the correct option... A. In an insurance contract, a…

Introduction - Insurance is a Contract, there are two parties in the contract of Insurance, Insurer and Insured. The i…

Introduction - Insurance is a contract in which one party (the insurer) agrees for payment of consideratio…

What is Premium - It is the sum Payable (usually annually) by the insured to the insurer under a contract of insuranc…

[Updated on 15 March 2026] What is Insurance ? Insurance, in its simplest form, is a contract of protection. However, le…

Powers of Insurance Regulatory and Development Authority of India (IRDA) - According to Section 26 of the Insurance…

Establishment of insurance regulatory and Development Authority of India - For reforms in the Insurance sector in o…

[Last Updated on 13 Feb 2026] Ever wondered how insurance really works? Let's break it down in simple terms. So, W…

Introduction - In our day-to-day life, we all anticipate various kinds of risks. No one can see an upcom…

Reopening of Partition - According to Manu, " once only a partition made. To this principle, however, …

Hindu Marriage Act, 1955, This Act came into force on 18 May 1955. This Marriage Act governs Hindu marriages and ha…

Introduction - The Banking Companies Act 1949 was passed to consolidate and amend the law relating to banking com…

Who is a customer? Meaning of a customer - According to the Chambers dictionary," a customer is one who is accom…