ORDER

Heard Mr. Navneet Goyal, Advocate, for the complainant and Mr. Navdeep Singh, Advocate, for the opposite party.

2. M/S P.P. Rubber Product Pvt. Ltd. (the complainant) has filed this complaint for following reliefs:-

(a) “Direct the respondent company to pay a sum of Rs. 3,70,72,674/- (Rs. Three crore seventy lakh seventy two thousand six hundred seventy four only) along with the interest @ 18% from date of claim till the actual payment.

(b) The respondent company may be directed to pay Rs. 50 lakh towards compensation.

(c) Award the cost of the complainant.

(d) To pass any order as this Hon’ble Commission deem fit and proper under the circumstances of the case.”

3. The facts as stated in the complaint and emerged from the documents filed by the complainant are that the complainant was a company, incorporated under the Companies Act, 1956 and engaged in the business of manufacturing and selling of footwear, slippers, sport shoes, P.U. Footwear, Hawai and other designer chappals for men and women, using rubber, polyurethane etc., since 1990, in the premises, situated at B- 111 (C) & (D), Road No. 9-C, Vishwakarma Industrial Area, Jaipur. The respondent insured factory and good