POLICE COMPLAINT FOR FALSE STATEMENT IN PIL AT BOMBAY HIGH COURT . PUNISHMENT OF 7 YEARS TO BOTH IF GUILTY!
NOT GETTING RELIEF FROM CHIEF JUSTICE
Mumbai: The management of ICICI Prudential life and IRDA Chairman facing charges of submitting false statement in a PIL of illegal foreclosure charges in ULIP policies of ICICI Prudential life. They convinced the court that earlier PIL 61/2013 of Sapan Shrivastava got disposed by Bombay high court of subject IRDA approval certificate to all insurance policies. The fact was that recently in April 2017 IRDA reactivated aforesaid PIL by filing affidavit and hearings are still on.
Against this false statement petitioner filed police complaint to Mumbai Police commissioner under IPC 191,34 against IRDA AND ICICI PRUDENTIAL.
To get stay for police action recently ICICI PRUDENTIAL life filed notice of motion in PIL 29/2017. In last hearing CJ denied to give interim relief and advised to use different options under law.