ORDER :

D.K. Jain, President

These two cross-revision petitions have been preferred by the National Insurance Company Ltd. (for short “the Insurance Company”) and the complainant, under Section 21 of the Consumer Protection Act, 1986 (for short “the Act”) assailing the common order passed by the State Consumer Disputes Redressal Commission, UP at Lucknow (for short “the State Commission”) in Appeal Nos. 2409/SC/04 and 137/SC/05. By the impugned order the State Commission, modifying the order passed by the District Consumer Disputes Redressal Forum, Bulandshahr, (for short “the District Forum”) has directed the Insurance Company to pay to the complainant an amount of Rs. 3,90,675 with interest @ 9% p.a. from 30.6.2003 i.e. after the expiry of three months from the date of surveyor’s report. It has also been directed that if the said amount is not paid within the specified period, interest @ 15% p.a. shall be payable.

2. The complainant, a financier, advanced loan of Rs. 5,00,000 to one Jai Singh for purchase of Ashok Leyland truck on hire-purchase basis. The truck was registered on 6.12.1996. The complainant insured the truck with the Insurance Company declaring its value at Rs. 6,00,0