B.S.RAIKOTE
N. Jaya Krishna – Appellant
Versus
UNITED INDIA INSURANCE CO – Respondent
( 1 ) THIS Writ Petition is filed for the following relief:"to issue an appropriate writ, order or directions, directing the respondent to settle and pay the amount covered by policies nos. 050705/11/10013/00001/90 (From c. Policy) as renewed on 18-5-1991 together with interest at the rate of 18 percent per annum until 18-8-1994 forthwith in accordance with its statutory duty under the Insurance Act, 1938 (note to board has filed in the Madras High Court) in a sealed cover that was opened pass such further or other orders as it may deem fit and proper".
( 2 ) THE petitioner claims to be the sole proprietor of the firm J. K. Traders which owns ramakrishna 70 M. M. threatre in the N. T. R estate, J. N. Road, Hyderabad. It is the contention of of the petitioner that the said property was insured for a total sum of Rs. 90 lakhs for the year 1990-91 with the respondent - Insurance company. The original policy period was 2-4-1990 to 2-4-1991 containing three policies of Fire, Plates and Glasses and Machinery break down. The policies were insured at United insurance Company Limited, Annoor Branch, nizamabad district. It is further contended that even before 2-4-1991 three
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