What is the consequences of false representation made by the Insurance in the Act Policy?

Advocate

If Insurance company makes a flase representation in the Act policy by making ambigous statements in the Act Policy, will it amount to cheating punishable under the Indian Penal Code?

 
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Govt..Employee

 Does it not amounting to unfair trade practice?

 
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practicing advocate

it amounts to cheating and unfair trade practice

 
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Lawyer

It amounts to be unfair trade practice.

 
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Advocate

Thank you all for the valuable contributions.

 
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