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Wednesday, January 18, 2017

LIC files affidavit in Delhi HC

We have just received information from our Counsel that LIC had since filed the Affidavit dt 17th inst as per order of Delhi HC on 6th instant.

 It looks that LIC had put forth the very same grounds as earlier such as valuation requirement, surplus to policyholders, expense ratio etc. 

We will study the copy shortly for our Reply Affidavit.

GN Sridharan
Gen Secy Fed of Retired LIC Class I Officers Assns

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