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30 Dec 2015 8:24 AM IST
![LIC cannot nullify provisions of Insurance Act by issuing Circulars: SC upholds Bombay HC judgment which held that insurance policies are assignable [Read Judgment]](https://www.livelaw.in/cms/wp-content/uploads/2015/12/LIC-LiveLaw-min.jpg "LIC cannot nullify provisions of Insurance Act by issuing Circulars: SC upholds Bombay HC judgment which held that insurance policies are assignable [Read Judgment]")