PATNA, India, Feb. 19 -- Patna High Court issued the following judgment on Feb. 10:

Heard Mr. P.N. Shahi, learned Senior Counsel for the petitioner assisted by Mr. Dayanand Kashyap, learned Advocate, Mr. Rajesh Kumar, learned CGC for the UOI and Mr. Nikhil Kumar Agrawal, learned counsel appearing on behalf of the respondent no. 4 assisted by Mr. Yash Sahay, learned Advocate.

2. Mr. P.N. Shahi, learned Senior Counsel for the petitioner submits that PNB MetLife Insurance Co. Limited is a Life Insurance Company registered under the provision of Section 3 of the Insurance Act, 1938 and the relevant provision of the Companies Act, 1956 and is licenced by the Insurance Regulatory and Development Authority of India (hereinafter referred to as th...