Insurance Act, 1938—S.42, 42-D & 114-A—IRDA (Protection of Policyholders’ Interests) Regulations, 2002—Regs. 3(4), 4(1), 4(4)—Utmost Good Faith—Statutory Duty of Disclosure—Effect of Non-compliance by Insurer—In a writ petition challenging the award of the Permanent Lok Adalat in an insurance claim dispute, the High Court upheld the award, emphasizing the foundational principle of uberrima fides (utmost good faith) that governs insurance contracts—While reiterating the duty of the insured to disclose all material facts truthfully, the Court also highlighted the corresponding statutory obligation of insurers under the IRDA (Protection of Policyholders’ Interests) Regulations, 2002, particularly Regulations 3(4), 4(1), and 4(4), to provide complete and clear information to the ...