Supreme Court grants bail to Piyush Guha, associate of Binayak Sen

Court suspends life imprisonment sentence; asks Mr Guha to furnish bail bond, sureties 

New Delhi: The Supreme Court on Tuesday granted bail to Piyush Guha, who was convicted and sentenced to life imprisonment in a sedition case, along with civil rights activist Binayak Sen.

The vacation bench of judges GS Singhvi and CK Prasad suspended the sentence of life imprisonment and directed Mr Guha's release on bail. The judges also directed Mr Guha to furnish a bail bond of Rs2 lakh and two sureties of Rs1 lakh each.

Mr Guha, a Kolkata-based businessman, was convicted along with Mr Sen and Naxal ideologue Narayan Sanyal, on charges of colluding with Maoists to establish a network to fight the state and they were punished with life imprisonment, PTI reports.

Mr Guha had challenged his conviction in the Chhattisgarh High Court, which refused to grant him bail. When the matter came up before the Supreme Court on 24th May 24, the Court issued notice to the state government and asked it to file its response by 31st May.
Challenging the order of the Chhattisgarh High Court, advocate Prashant Bhushan, who appeared on behalf of Mr Guha, pleaded with the court to grant bail and said that he has already spent four years in jail. He also pointed out that the apex court had recently granted bail to Mr Sen.

The Supreme Court had granted bail to 61-year-old Mr Sen on 15th April, questioning his conviction and life sentence for sedition, and saying that he could be called a sympathiser of the Naxalites and nothing beyond that. "No case of sedition is made out," the Court had said. "He may be a sympathiser (of Naxalites) but it did not make him guilty of sedition."

"The worst can be said that he was found in possession of general documents (relating to Naxal activities), but how can it be said that such possession would attract the charge of sedition? How can you level the charge of sedition?" the bench asked.

The conviction and life imprisonment of Mr Sen, along with Mr Guha and Mr Sanyal, had led to outrage among sections of citizens. Some international human rights bodies had even sought the government's permission to observe the court proceedings in this case.


LIC launches new health plan for hospitalisation benefits

Jeevan Arogya offers comprehensive hospitalisation benefits for the whole family for the principal insured

LIC of India will launch a new non-linked health insurance plan called Jeevan Arogya from 1st June.

The plan offers comprehensive hospitalisation benefits for the whole family for the principal insured. The plan also offers to cover the parents' in-law of the principal insured besides spouse, minor children and parents. The plan also offers to cover surgeries.

This is a defined benefit policy meaning that benefits are fixed in terms of policy conditions and are payable irrespective of the actual amount spent on treatment. Moreover, the benefits are payable regardless of the life insured getting reimbursement under any other scheme from his/her employer or any other insurance company, on the basis of certified photocopies of the original bills.

The minimum age at entry for principal insured should be 18 years and maximum age at entry would be 65 years for self and spouse while it is 75 years for parents and parents in-law. For children, the minimum age at entry is 91 days and the maximum age at entry is 17 years.

The plan offers cash facility, which allows payment of 50% entitlement as advance in case of 57 specified major surgeries. Premium waiver benefit and ambulance benefit are also available in case of certain major surgeries.

The plan also offers the option of taking term assurance rider (up to 100 times of initial daily benefit) and accident benefit rider for the principal insured and spouse.

The premium will depend on one's age, gender, the health cover option one has chosen, whether one is principal insured or other insured life and the mode of payment. The plan provides rebates for higher sum assured and half-yearly/yearly mode of payments.




6 years ago

it is a very good plan and definitely will get success in indian market as lic has a brand image

LIC eastern division targets Rs6,700 crore new business

“We have given a target of Rs6,700 crore as first premium income during 2011-12,” LIC Eastern Region Zonal Manager, SK Roy, said

Life Insurance Corporation's (LIC) Eastern Division has set a target for Rs6,700 crore in new business premium during the 2011-12 financial year, an official of the corporation said.

"We have given a target of Rs6,700 crore as first premium income during 2011-12," LIC Eastern Region Zonal Manager, SK Roy, said.

He said while the target was Rs5,400 crore in the last fiscal, the region was only able to collect Rs5,200 crore.

"We are confident to meet the target this fiscal," Mr Roy said.

He said that the approach of LIC this fiscal would be to maintain a balanced business of traditional and ULIP-linked plans.


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