Mr. Justice. R.G. Desai, President— The complaint in this case is in respect of the claim of the Complainant under two policies, Viz., (1) 071901/167/11/00931/90 for Rs. 3,50,000/- and (2) 071901/167/48/00114/90 for Rs. 75,00/- , issued by the Respondent. The Respondent has produced two letters—written by the Divisional Manager of the Respondent to the Complainant and the other written by the Partner of the Complainant and the other written by the Partner of the Complainant to the Divisional Manager of the Respondent. By the letter dated 68-1991 written by the Partner of the Complainant to the Respondents’ Divisional Manager, he has agreed to accept the settlement of the claim in respect of policy No. 071901/167/48/00114/90 for 65% of the assessed loss. The respondent’s Counsel stated that the Respondent would pay the amount agreed to by the parties to the Complainant and, hence, the claim of the complainant in respect of that policy has been settled. In respect of the second policy, Respondent Insurance Company, has stated that the policy covered the stock stored in the building situated at No. 382/2, M.C. Road, Davangere, that the Survey Report reveals that the stock stored