-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION PUBLIC INTEREST LITIGATION NO. 38 OF 2007 Prakash C. Sheth ).. Petitioner Versus Insurance Regulatory and Development ) Authority and others ).. Respondents Mr. J.P. Cama a/w Mr. Rohan Cama i/b M/s. JMB Partners for the Petitioner. Mr. V.Y. Sanglikar for Respondent Nos.1 and 2. Mr. S.M. Vidyarthi for Respondent Nos.3 to 12. CORAM: SWATANTER KUMAR, C. J. & S.C. DHARMADHIKARI, J. DATED: 16TH APRIL 2009 P.C. The learned Counsel appearing for Respondent Nos.1 and 2 has placed on record the Circular dated 15th September 2008. He further submits that the concerned Respondents will not only ensure that the said Circular reaches the concerned Insurance Companies but would also give an advertisement to that effect so as to make complete awareness of the said Circular. However, it is contended on behalf of the Petitioners that all the claims which fall between the period 1995 to 2002 should also be settled by the Insurance Companies in light of the -2- said Circular as it can be given retrospective effect. However, the learned Counsel appearing for Respondent Nos.3 to 12 submits that the said Circular will have to be examined and the Respondents cannot make any concession in Court as it will amount to opening up of huge number of cases which will be to their prejudice. 2. Having heard the learned Counsel appearing for the parties and in view of the statement made by the learned Counsel appearing for Respondent Nos.1 and 2, we do not see any reason to keep this Writ Petition pending. It is accordingly disposed of with a further direction that if there are any individual grievances of the people between the period 1995 to 2002, the Insurance Companies would examine the same in accordance with law. We are not inclined to issue any directions directing the Insurance Companies to settle the claim or pay the amount as it will be an individual case where cause may arise and the individual will also be at liberty to take steps in accordance with law. With these observations, Public Interest Litigation disposed of accordingly. The Respondents to act expeditiously. CHIEF JUSTICE -3- S.C. DHARMADHIKARI, J.