C.D. No. 111/98 :

Mr. Justice P. Ramakrishnam Raju, President—The complainant is a registered company engaged in manufacturing chemicals since 1989. It insured the material i.e., raw-material, semi-finished and finished stock in the factory and godown covering the risk of fire, perils, riots, etc., for Rs. 50,00,000/- from 20.10.1996 to 19.10.1997 by paying a premium of Rs. 21,695/- and obtained a policy bearing No. 11612200 1410 dated 25.10.1996 from the opposite party.

2. While so on the mid-night on 26.11.1996 at about 11.00 p.m. Motor Liquor Storage tank collapsed and due to collapse of the tank and leakage of motor liquor it flowed like flood in the raw-material after processing in the manufacturing unit. The complainant informed the Insurance Company, the very same night by phonogram followed by a letter dated 27.11.1996. He also gave a police complaint on 27.11.1996 to the S.H.O., I.D.A., Bollaram who conducted Panchanama. On intimation to the Superintendent, Central Excise, Kazipally, R.R. District, he also conducted Panchanama on 29.11.1996. The driver of the excavator approached the police Station on 6.12.1996 and gave a report that the accident was due to his rash an