Ajit Bharihoke, Presiding Member—Instant complaint on the allegation of deficiency in service on the part of the insurance company was filed by M/s Karma Network Ltd. However, during the pendency of the complaint, M/s Karma Network Ltd. vide an agreement dated 28.11.2009 assigned its rights under the insurance contract in favour of one of its director Vijay Gopal Jindal, who in turn assigned the right in favour of Heena Jain, who was substituted in place of complainant vide order dated 18.04.2013.

2. Briefly stated, the facts relevant for the disposal of the complaint are that M/s Karma Network Ltd on 15.05.2001 undertook production of hindi feature film titled ‘Haasil’. The budged for production of the film was 2,50,00,000/-. The complainant in order to hedge against unforeseen future events obtained an insurance policy from the opposite party valid w.e.f. 15.05.2013.00 hour till the commercial release of the film. The premium paid was Rs.3,67,500/-.

3. That the first schedule of the said film commenced at Mumbai from 16.05.2001 and continued for 21 days. The next schedule of shooting was to commence at Allahabad Uttar Pradesh w.e.f. 01.10.2001. During the second schedule, majo