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PREM NARAIN
Oriental Insurance Co. Ltd. – Appellant
Versus
Amba Shakti Ispat Limited – Respondent


Advocates:
Counsel for the Parties:
For the Appellants:Shri Mohan Babu Agarwal, Advocate
For the Respondent No.1:Shri Anuj Gupta, Advocate with Ms. Pinki Aggarwal, Advocate
For the Respondent No.2: NEMO

ORDER

This appeal has been filed by the appellants Oriental Insurance Co. Ltd. & ors. against the order dated 10.08.2015 of the State Consumer Disputes Redressal Commission, Himachal Pradesh, (in short ‘the State Commission’) passed in CC No.03/2015.

2. Brief facts of the case are that the complainant/respondent No.1 is a company incorporated under the Companies Act, 1956 and its President Shri I.D. Aggarwal is authorized by the Board of Directors, vide resolution dated 26.12.2014, to file the present complaint and to pursue it. Complainant has one of its factories at Kala Amb. The building, the plant & machinery, furniture & fixtures, stock and all other goods belonging to the complainant were insured with the appellants/opposite parties for a sum of Rs.36.83 Crores for the period from 13.08.2013 to 12.08.2014. On 18.01.2014, one of two sheds of the factory, where Iron Melting Plant was installed, collapsed, resulting in damage to a vehicle, that was parked there and also to the plant and the machinery. Total loss sustained by the complainant, due to the aforesaid collapse o

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