Mr. Justice A.L. Bahri, President — An important question of interpretation of the insurance policy involving rights of the insurer as well as the insured arises in this case. District Forum on December 10, 1996 allowed the complaint filed by M/s. J.P. Vohra Industries and Another and directed the Oriental Insurance Co. to pay Rs. 83,138.87 with 15% p.a. interest w.e.f. date of loss of goods till payment and a sum of Rs. 1,000/- towards cost to the complainants. The aforesaid order has been challenged by the Insurance Company in this appeal.

2. In the course of business, the complainant firm used to send consignments of woollen goods from Amritsar to different stations. The complainants took up policy from the Insurance Company for Rs. 3 lacs on payment of Rs. 1103/- premium on November 11,1994. The first instalment of goods despatched was on that very day. The value of the goods was Rs. 26,100/-. The consignments contained woollen chaddar. The necessary documents accompanied by declaration of the goods as required under the policy was made to the Company. Since the goods were lost, the claim was made to Company on February 20, 1995, although information of loss was given on Fe