ORDER

The present Appeal is filed against the order dated 02.07.2014 passed by State Consumer Disputes Redressal Commission, Delhi (in short ‘State Commission’) in Consumer Complaint No. 221/2008.

2. Alongwith the Appeal, IA/5257/2014 an application for condonation of delay of four days has also been filed by the Appellant. For the reasons mentioned in the application and in the interest of justice IA/5257/2014 is allowed and delay condoned.

3. The case of the Complainant is that they obtained a “Standard Fire and Special Perils Insurance Policy” No.354101/11/06/11/00000472 for a sum of Rs.70,00,000/-. The Policy was valid from 12.10.2006 to 11.10.2007 covering stock of all kinds of auto parts. The Auto Parts stock was under hypothecation to Punjab National Bank, Sukhrali, Gurgaon. On 13.05.2007 around 9:00 PM, a massive fire broke out in Chhadha Building engulfing entire Guru Nanak Market which included the insured premises/shop of the Complainant. Fire Brigade was called which took several hours to bring fire under control. The Police was also informed and matter was reported to local media also. Due to this devastating fire, entire packed material lying at the insured premises w