LAW FOR ALL

the proviso (kb) under subsection (1) of Section 60 of the Code of Civil Procedure 1908 (CPC) In Pulugu Karnakar Reddy v Shreya Financiers and Hire Purchase[4], this Court reviewed the case law and held that amounts payable under insurance policy on the life of the deceased are exempt from attachment for any amounts due by insured under Section 60(1)(kb) of CPC. Therefore, if the suit was filed against petitioners as successors of policy holder, the policy amount is exempted. The fact that attachment before judgment became final, does not change the situation nor the order of the Court attaching LIC amount operates as res judicata. The civil revision petition, for the above reasons, is accordingly allowed.