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SURJIT SINGH, PREM CHAUHAN
Amba Shakti Ispat Ltd. – Appellant
Versus
Oriental Insurance Company Ltd. – Respondent


Advocates:
Advocate Appeared:
For the Appellant :Rahul Mahajan, Advocate
For the Respondent:Bhupinder Pathania, Advocate

ORDER :

Surjit Singh, President

Present complaint, under Section 17 of the Consumer Protection Act, 1986, has been filed by M/s. Amba Shakti Ispat Limited, seeking directions to the opposite parties, i.e. Oriental Insurance Company Limited and its functionaries and Surveyor.

    (a) to pay an amount of Rs. 72.00 lacs, on account of insurance money, with interest at the rate of 18% per annum, from the date of filing of complaint, to the date of payment of the said amount of money;

(b) to pay a sum of Rs. 7.00 lacs, on account of compensation for mental torture, harassment etc.; and

(c) to pay a sum of Rs. 1.00 lac, on account of litigation expenses.

2. Complainant is a Company incorporated under the Companies Act, 1956, and its President Shri I.D. Aggarwal is authorised 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 and machinery, furniture and fixtures, stock and all other goods belonging to the complainant were insured with the opposite parties in the sum of Rs. 36.83 Crores for the period from 13.08.2013 to 12.08.2014, vide policy, Annexure C3. On 18.01.

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