PAK LAW GPT — Pakistan Case Law AI justice scale emblemPAK LAW GPTCase law · Urdu & English

JUBILEE LIFE INSURANCE COMPANY LTD. vs FEDERAL INVESTIGATION AGENCY (FIA) through Director General, Islamabad R — 2025 PLD 71 QUETTA-HIGH-COURT-BALOCHISTAN

Case information

Citation
2025 PLD 71 QUETTA-HIGH-COURT-BALOCHISTAN
Court
Balochistan High Court
Year
2025
Reporter
PLD
Parties
JUBILEE LIFE INSURANCE COMPANY LTD. vs FEDERAL INVESTIGATION AGENCY (FIA) through Director General, Islamabad R
Subject matter
Constitutional
Provisions referred to
S. 20---D; Insurance Ordinance (XXXIX of 2000); Pakistan Act (XLII of 1997); Insurance Ordinance

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

JUBILEE LIFE INSURANCE COMPANY LTD. VS FEDERAL INVESTIGATION AGENCY (FIA) through Director General, Islamabad R. 5---Insurance Ordinance (XXXIX of 2000), Ss. 121, 122, 124 & 156---Securities and Exchange Commission of Pakistan Act (XLII of 1997), S. 20---Dispute between insurance company and insured persons---Inquiry and Investigation---Whether Federal Investigation Agency had jurisdiction in the matter---Petitioner/Insurance company assailed initiation of inquiry proceedings by Federal Investigation Agency ('FIA') on the complaints of respondents/insured persons, pertaining to dispute over insurance amount---Validity---Besides having numerous other functions, Securities and Exchange Commission of Pakistan is also a regulator of business of insurance companies---Securities and Exchange Commission of Pakistan had taken up the case of respondents/insured persons with petitioner/company and proceedings for settlement between the parties were in progress while respondents/insured persons were not agreeing to amount which were released to them---If there was any genuine dispute between parties it could be resolved before forums provided under Insurance Ordinance, 2000---Such dispute could not be made a base for proceedings under penal criminal laws---Provisions of Insurance Ordinance, 2000 are special law which has to prevail over general law---Special mechanism has been provided for dealing with offences for contravention of Insurance Ordinance, 2000---High Court quashed inquiry proceedings initiated by FIA as the same was uncalled for and without lawful authority--- Constitutional petition was allowed, in circumstances.

Other judgments reported in 2025 PLD

Back to the case-law library · Search Pakistani case law in Urdu or English