ORDER

Appellants/Opposite Parties being aggrieved by impugned order dated 31.7.2014 passed by Consumer Disputes Redressal Commission, Gujarat State, Ahmedabad (for short, 'State Commission') have filed this appeal. Along with, an application seeking condonation of delay of 129 days has also been filed.

2. Respondent/Complainant filed Consumer Complaint No. 44 of 2007 before the State Commission stating therein, that he is running an industry and has purchased 5(five) insurance policies for total worth of Rs. 2 cores from the appellants. On 28.1.2007 suddenly a fire took place in the factory premises of the respondent and stock worth Rs. 80 lakhs was destroyed. The appellants were duly informed and respondent submitted its claim.

3. Appellants sent a voucher of Rs. 21,76,245/- with covering letter dated 1.6.2007 which amount was not acceptable to the respondent. Accordingly, consumer complaint was filed praying that appellants be directed to pay a sum of Rs. 40,63,971/-.

4. The complaint was contested by the appellants.

5. The State Commission assessed the total loss as Rs. 29,92,623/- and deducted a sum of Rs. 21,76,421/- already paid to the respondent. Therefore, it ordered the app