Harshad J. Shah and Anr. v. L.I.C. of India and Ors.
Harshad J. Shah & Anr v. L.I.C. of India & Ors. 1997 (5) SCC 64 (Ostensible Authority, Section 237 of Indian Contract Act) FACTS: A bearer-cheque, with the name of agent on it, towards the payment of premium was handed over to a general agent (R3) of the LIC (R1). (This payment was being made…