Misr Insurance’s Split Case Postponed To July 16th
Published Monday, 18 June 2012 14:59 | Written by Sherine Taha and Islam Abd ElHameed
Investment Department at the State Council's Administrative Court postponed the case filed by workers of Misr Insurance Company against applying the law no.118 of 2008, which obligates the split of life insurance from property insurance, to July 16th.
Essam El Eslamboly, legal consultant of Al Karama Party, had filed a lawsuit no. 42012/65 against applying the law no.118 of 2008 at the Administrative Court.
Mahmoud Ahmed El Shagheer, the lawyer present on behalf of El Eslamboly, told Amwal Al Ghad that the lawsuit was postponed till the court commissioners read the legal and technical reports.
The final decision will be concluded in the next session in which the lawsuit will be referred to the State Council's Court, El Shagheer added.
Essam Abdel Fattah, treasurer of the Committee Union, had said earlier that this law makes the case difficult to be approved.
Workers will probably challenge the law at the Supreme Constitutional Court, if the Administrative Court decided to apply the separation. It is worth mentioning that if the court approves the non-separation of life insurance from property insurance it will be applied only to Misr Insurance Company because it is the only party that have been negatively affected by the separation.
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