J.M. Malik, Presiding Member—The insured M/s. J.S. Rajesh Textiles has filed the present revision petition. The petitioner has business premises at D-25, Textiles Market, Pandri, Raipur. His business premises is being insured since last many years’ for fire and allied perils covered.

2. The relevant policy was for the period from 06.02.2007 to 05.02.2008 for a sum of Rs.5,50,000. Torrential rains on the night falling between 28th and 29th June, 2007, caused damage to the clothes to the extent of Rs.3,00,000/-. Insurance Company appointed Sh.T.S. Tuteja, who, verbally informed the complainant about the estimated loss of Rs.2,00,000/-. The Insurance Company was contacted but it did not reimburse the said amount.

3. The complainant filed a complaint before the District Forum, Raipur, on 07.05.2010, wherein it claimed the compensation in the sum of Rs.3,00,000/-. The District Forum awarded a sum of Rs.2,00,000/- and interest @ 6% p.a. from 05.11.2007, till the payment and awarded penalty in the sum of Rs.5,000/- for harassment and Rs.1,000/- for litigation expenses. According to the complainant’s counsel, that was the correct order.

4. Aggrieved by that order, the Insurance Company