P.B.MUKHARJI
NATIONAL FIRE AND GENERAL INSURANCE CO. LTD. – Appellant
Versus
UNION OF INDIA (UOI) – Respondent
( 1 ) THIS is an application by the National Fire and General Insurance Company Limited to set aside the Award dated 20-3-1954.
( 2 ) THE dispute arises in respect of a claim for loss of jute by fire at a godown at Beldanga on 30-8-1952 at about 9 P. M. The jute was insured with the applicant Company under two different Fire Insurance Policies NOB. 1/1/2175 and 1/1/ 1854 respectively for Rs. 4,000/- and Rs. 13,200/ -. Under Policy No. 1854 dated 25-9-1951 there were two insured, namely Joti Krishna Chakravorty and the Union of India in its Rehabilitation Finance Administration, both of whom are respondents to this application. The Union of India became interested in the policy in this way. Respondent Chakravorty who was a refugee from Eastern Pakistan took a loan of Rs. 12,000/- from the Government of India in its Rehabilitation Finance Administration and partly with his own fund augmented with the loan started a business in jute in Beldanga and it was in that connection that the Government of India appeared as a coinsured interested in the jute under the policy because the jute was charged with the liability to pay the Government loan. Under Policy No. 2175 da
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.